This property might be a fair Mid-Term investment with a projected 7.19% first-year return on $79,950 initial cash invested.
7.19%
Cash On Cash
9.27%
Cap Rate
1.38
DSCR
$3,626
Rent
$479
Cashflow
Cash Flow
$3,626 income − $3,147 expenses = $479 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,626
Total Expenses
$3,147
Mortgage P&I
46%
$1,656
Property Taxes
4%
$155
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$435
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$399