This property might be a fair Mid-Term investment with a projected 4.23% first-year return on $79,950 initial cash invested.
4.23%
Cash On Cash
7.74%
Cap Rate
1.28
DSCR
$3,404
Rent
$282
Cashflow
Cash Flow
$3,404 income − $3,122 expenses = $282 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,404
Total Expenses
$3,122
Mortgage P&I
44%
$1,484
Property Taxes
11%
$379
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374