This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $78,879 initial cash invested.
1.52%
Cash On Cash
7.58%
Cap Rate
1.14
DSCR
$3,160
Rent
$100
Cashflow
Cash Flow
$3,160 income − $3,060 expenses = $100 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,160
Total Expenses
$3,060
Mortgage P&I
51%
$1,604
Property Taxes
9%
$280
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$348