This property might be a fair Mid-Term investment with a projected 0.53% first-year return on $79,950 initial cash invested.
0.53%
Cash On Cash
7.22%
Cap Rate
1.1
DSCR
$2,986
Rent
$35
Cashflow
Cash Flow
$2,986 income − $2,951 expenses = $35 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
$2,986
Total Expenses
$2,951
Mortgage P&I
54%
$1,620
Property Taxes
7%
$214
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$90
Maintenance
4%
$119
Other
11%
$328