This property might be a fair Mid-Term investment with a projected 5.73% first-year return on $79,593 initial cash invested.
5.73%
Cash On Cash
8.24%
Cap Rate
1.36
DSCR
$3,722
Rent
$380
Cashflow
Cash Flow
$3,722 income − $3,342 expenses = $380 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,593
Downpayment
20%
$58,660
Closing costs
1%
$2,933
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,722
Total Expenses
$3,342
Mortgage P&I
40%
$1,486
Property Taxes
11%
$421
Home Insurance
4%
$152
HOA
0%
$17
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$409