This property might be a fair Mid-Term investment with a projected 1.36% first-year return on $79,530 initial cash invested.
1.36%
Cash On Cash
7.71%
Cap Rate
1.13
DSCR
$3,050
Rent
$90
Cashflow
Cash Flow
$3,050 income − $2,960 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,530
Downpayment
20%
$58,600
Closing costs
1%
$2,930
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,050
Total Expenses
$2,960
Mortgage P&I
55%
$1,671
Property Taxes
5%
$148
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336