This property might be a fair Mid-Term investment with a projected 2.42% first-year return on $79,005 initial cash invested.
2.42%
Cash On Cash
7.96%
Cap Rate
1.18
DSCR
$3,466
Rent
$159
Cashflow
Cash Flow
$3,466 income − $3,307 expenses = $159 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,005
Downpayment
20%
$58,100
Closing costs
1%
$2,905
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,466
Total Expenses
$3,307
Mortgage P&I
47%
$1,629
Property Taxes
11%
$394
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381