This property might be a fair Mid-Term investment with a projected 2.11% first-year return on $79,173 initial cash invested.
2.11%
Cash On Cash
7.45%
Cap Rate
1.16
DSCR
$2,790
Rent
$139
Cashflow
Cash Flow
$2,790 income − $2,651 expenses = $139 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,173
Downpayment
20%
$58,260
Closing costs
1%
$2,913
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,790
Total Expenses
$2,651
Mortgage P&I
56%
$1,558
Property Taxes
1%
$40
Home Insurance
4%
$103
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307