This property might be a fair Mid-Term investment with a projected 0.87% first-year return on $79,971 initial cash invested.
0.87%
Cash On Cash
7.17%
Cap Rate
1.11
DSCR
$3,012
Rent
$58
Cashflow
Cash Flow
$3,012 income − $2,954 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,971
Downpayment
20%
$59,020
Closing costs
1%
$2,951
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,012
Total Expenses
$2,954
Mortgage P&I
53%
$1,586
Property Taxes
8%
$243
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331