This property might be a fair Mid-Term investment with a projected 0.89% first-year return on $79,572 initial cash invested.
0.89%
Cash On Cash
7.49%
Cap Rate
1.12
DSCR
$3,318
Rent
$59
Cashflow
Cash Flow
$3,318 income − $3,259 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,572
Downpayment
20%
$58,640
Closing costs
1%
$2,932
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,318
Total Expenses
$3,259
Mortgage P&I
49%
$1,638
Property Taxes
12%
$389
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365