This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $78,879 initial cash invested.
1.61%
Cash On Cash
7.24%
Cap Rate
1.15
DSCR
$3,021
Rent
$106
Cashflow
Cash Flow
$3,021 income − $2,915 expenses = $106 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,021
Total Expenses
$2,915
Mortgage P&I
50%
$1,523
Property Taxes
9%
$262
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332