This property might be a fair Mid-Term investment with a projected 3.63% first-year return on $79,761 initial cash invested.
3.63%
Cash On Cash
7.64%
Cap Rate
1.25
DSCR
$3,386
Rent
$241
Cashflow
Cash Flow
$3,386 income − $3,145 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,761
Downpayment
20%
$58,820
Closing costs
1%
$2,941
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,386
Total Expenses
$3,145
Mortgage P&I
44%
$1,497
Property Taxes
12%
$393
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$406
CapEx
4%
$135
Vacancy
3%
$102
Maintenance
4%
$135
Other
11%
$372