This property might be a fair Mid-Term investment with a projected 3.96% first-year return on $78,879 initial cash invested.
3.96%
Cash On Cash
7.77%
Cap Rate
1.26
DSCR
$3,141
Rent
$260
Cashflow
Cash Flow
$3,141 income − $2,881 expenses = $260 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.7%
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
$3,141
Total Expenses
$2,881
Mortgage P&I
47%
$1,491
Property Taxes
7%
$219
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$377
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346