This property might be a fair Mid-Term investment with a projected 5.13% first-year return on $79,488 initial cash invested.
5.13%
Cash On Cash
8.49%
Cap Rate
1.31
DSCR
$3,760
Rent
$340
Cashflow
Cash Flow
$3,760 income − $3,420 expenses = $340 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,488
Downpayment
20%
$58,560
Closing costs
1%
$2,928
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,760
Total Expenses
$3,420
Mortgage P&I
42%
$1,581
Property Taxes
12%
$444
Home Insurance
3%
$117
HOA
0%
$0
Property Management
12%
$451
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$414