This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $79,950 initial cash invested.
1.14%
Cash On Cash
7.39%
Cap Rate
1.12
DSCR
$3,123
Rent
$76
Cashflow
Cash Flow
$3,123 income − $3,047 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,123
Total Expenses
$3,047
Mortgage P&I
52%
$1,615
Property Taxes
9%
$266
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344