This property might be a fair Mid-Term investment with a projected 1.23% first-year return on $79,845 initial cash invested.
1.23%
Cash On Cash
7.34%
Cap Rate
1.12
DSCR
$2,884
Rent
$82
Cashflow
Cash Flow
$2,884 income − $2,802 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,845
Downpayment
20%
$58,900
Closing costs
1%
$2,945
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,884
Total Expenses
$2,802
Mortgage P&I
56%
$1,604
Property Taxes
4%
$113
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317