This property might be a fair Mid-Term investment with a projected 7.06% first-year return on $79,236 initial cash invested.
7.06%
Cash On Cash
8.69%
Cap Rate
1.39
DSCR
$3,267
Rent
$466
Cashflow
Cash Flow
$3,267 income − $2,801 expenses = $466 cash flow
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,236
Downpayment
20%
$58,320
Closing costs
1%
$2,916
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,267
Total Expenses
$2,801
Mortgage P&I
46%
$1,515
Property Taxes
2%
$70
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359