This property might be a fair Mid-Term investment with a projected 0.83% first-year return on $79,950 initial cash invested.
0.83%
Cash On Cash
7.08%
Cap Rate
1.11
DSCR
$2,858
Rent
$55
Cashflow
Cash Flow
$2,858 income − $2,803 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,858
Total Expenses
$2,803
Mortgage P&I
55%
$1,572
Property Taxes
5%
$157
Home Insurance
4%
$103
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314