This property might be a fair Mid-Term investment with a projected 4.39% first-year return on $79,614 initial cash invested.
4.39%
Cash On Cash
8.03%
Cap Rate
1.27
DSCR
$3,124
Rent
$291
Cashflow
Cash Flow
$3,124 income − $2,833 expenses = $291 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,614
Downpayment
20%
$58,680
Closing costs
1%
$2,934
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,124
Total Expenses
$2,833
Mortgage P&I
50%
$1,547
Property Taxes
4%
$118
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344