This property might be a fair Mid-Term investment with a projected 2.02% first-year return on $79,782 initial cash invested.
2.02%
Cash On Cash
7.87%
Cap Rate
1.17
DSCR
$3,537
Rent
$134
Cashflow
Cash Flow
$3,537 income − $3,403 expenses = $134 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,782
Downpayment
20%
$58,840
Closing costs
1%
$2,942
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,537
Total Expenses
$3,403
Mortgage P&I
47%
$1,654
Property Taxes
11%
$401
Home Insurance
3%
$105
HOA
1%
$42
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389