This property might be a fair Mid-Term investment with a projected 7.59% first-year return on $79,719 initial cash invested.
7.59%
Cash On Cash
9.39%
Cap Rate
1.41
DSCR
$4,072
Rent
$504
Cashflow
Cash Flow
$4,072 income − $3,568 expenses = $504 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,719
Downpayment
20%
$58,780
Closing costs
1%
$2,939
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,072
Total Expenses
$3,568
Mortgage P&I
40%
$1,633
Property Taxes
11%
$445
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448