This property might be a fair Mid-Term investment with a projected 1.95% first-year return on $79,803 initial cash invested.
1.95%
Cash On Cash
7.58%
Cap Rate
1.16
DSCR
$3,174
Rent
$130
Cashflow
Cash Flow
$3,174 income − $3,044 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,803
Downpayment
20%
$58,860
Closing costs
1%
$2,943
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,174
Total Expenses
$3,044
Mortgage P&I
51%
$1,603
Property Taxes
8%
$242
Home Insurance
4%
$120
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349