This property might be a fair Mid-Term investment with a projected 3.09% first-year return on $79,278 initial cash invested.
3.09%
Cash On Cash
7.48%
Cap Rate
1.21
DSCR
$2,886
Rent
$204
Cashflow
Cash Flow
$2,886 income − $2,682 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,278
Downpayment
20%
$58,360
Closing costs
1%
$2,918
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,886
Total Expenses
$2,682
Mortgage P&I
52%
$1,501
Property Taxes
3%
$96
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317