This property might be a fair Mid-Term investment with a projected 0.74% first-year return on $79,940 initial cash invested.
0.74%
Cash On Cash
7.09%
Cap Rate
1.1
DSCR
$2,800
Rent
$49
Cashflow
Cash Flow
$2,800 income − $2,751 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,940
Downpayment
20%
$58,990
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,800
Total Expenses
$2,751
Mortgage P&I
56%
$1,582
Property Taxes
4%
$114
Home Insurance
4%
$103
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308