This property might be a fair Mid-Term investment with a projected 3.13% first-year return on $79,866 initial cash invested.
3.13%
Cash On Cash
7.9%
Cap Rate
1.2
DSCR
$3,030
Rent
$208
Cashflow
Cash Flow
$3,030 income − $2,822 expenses = $208 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,866
Downpayment
20%
$58,920
Closing costs
1%
$2,946
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,030
Total Expenses
$2,822
Mortgage P&I
53%
$1,611
Property Taxes
3%
$76
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333