This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $78,900 initial cash invested.
2.57%
Cash On Cash
7.87%
Cap Rate
1.18
DSCR
$3,092
Rent
$169
Cashflow
Cash Flow
$3,092 income − $2,923 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,900
Downpayment
20%
$58,000
Closing costs
1%
$2,900
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,092
Total Expenses
$2,923
Mortgage P&I
52%
$1,610
Property Taxes
5%
$159
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340