This property might be a fair Mid-Term investment with a projected 0.59% first-year return on $78,753 initial cash invested.
0.59%
Cash On Cash
7.3%
Cap Rate
1.1
DSCR
$3,177
Rent
$39
Cashflow
Cash Flow
$3,177 income − $3,138 expenses = $39 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,753
Downpayment
20%
$57,860
Closing costs
1%
$2,893
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$3,138
Mortgage P&I
50%
$1,595
Property Taxes
11%
$359
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349