This property might be a fair Mid-Term investment with a projected 6.76% first-year return on $79,845 initial cash invested.
6.76%
Cash On Cash
8.87%
Cap Rate
1.39
DSCR
$4,062
Rent
$450
Cashflow
Cash Flow
$4,062 income − $3,612 expenses = $450 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,845
Downpayment
20%
$58,900
Closing costs
1%
$2,945
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,062
Total Expenses
$3,612
Mortgage P&I
39%
$1,564
Property Taxes
14%
$563
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$447