This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $79,026 initial cash invested.
1.61%
Cash On Cash
7.51%
Cap Rate
1.14
DSCR
$2,988
Rent
$106
Cashflow
Cash Flow
$2,988 income − $2,882 expenses = $106 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,026
Downpayment
20%
$58,120
Closing costs
1%
$2,906
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,988
Total Expenses
$2,882
Mortgage P&I
53%
$1,592
Property Taxes
6%
$168
Home Insurance
3%
$104
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329