This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $78,900 initial cash invested.
1.02%
Cash On Cash
7.44%
Cap Rate
1.11
DSCR
$2,946
Rent
$67
Cashflow
Cash Flow
$2,946 income − $2,879 expenses = $67 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,900
Downpayment
20%
$58,000
Closing costs
1%
$2,900
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,946
Total Expenses
$2,879
Mortgage P&I
55%
$1,614
Property Taxes
5%
$158
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324