This property might be a fair Mid-Term investment with a projected 5.87% first-year return on $79,908 initial cash invested.
5.87%
Cash On Cash
8.52%
Cap Rate
1.34
DSCR
$3,464
Rent
$391
Cashflow
Cash Flow
$3,464 income − $3,073 expenses = $391 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,908
Downpayment
20%
$58,960
Closing costs
1%
$2,948
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,464
Total Expenses
$3,073
Mortgage P&I
45%
$1,563
Property Taxes
7%
$228
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381