This property might be a fair Mid-Term investment with a projected 2.59% first-year return on $79,845 initial cash invested.
2.59%
Cash On Cash
7.58%
Cap Rate
1.19
DSCR
$3,202
Rent
$172
Cashflow
Cash Flow
$3,202 income − $3,030 expenses = $172 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,845
Downpayment
20%
$58,900
Closing costs
1%
$2,945
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,202
Total Expenses
$3,030
Mortgage P&I
49%
$1,561
Property Taxes
9%
$278
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352