This property might be a fair Mid-Term investment with a projected 1.38% first-year return on $79,950 initial cash invested.
1.38%
Cash On Cash
7.03%
Cap Rate
1.14
DSCR
$2,950
Rent
$92
Cashflow
Cash Flow
$2,950 income − $2,858 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,950
Total Expenses
$2,858
Mortgage P&I
51%
$1,519
Property Taxes
8%
$234
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324