This property might be a fair Mid-Term investment with a projected 0.39% first-year return on $79,194 initial cash invested.
0.39%
Cash On Cash
7.3%
Cap Rate
1.09
DSCR
$2,928
Rent
$26
Cashflow
Cash Flow
$2,928 income − $2,902 expenses = $26 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,194
Downpayment
20%
$58,280
Closing costs
1%
$2,914
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,928
Total Expenses
$2,902
Mortgage P&I
56%
$1,629
Property Taxes
6%
$162
Home Insurance
4%
$103
HOA
0%
$13
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322