This property might be a fair Mid-Term investment with a projected 4.05% first-year return on $79,488 initial cash invested.
4.05%
Cash On Cash
8.29%
Cap Rate
1.25
DSCR
$3,351
Rent
$268
Cashflow
Cash Flow
$3,351 income − $3,083 expenses = $268 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,488
Downpayment
20%
$58,560
Closing costs
1%
$2,928
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,351
Total Expenses
$3,083
Mortgage P&I
48%
$1,620
Property Taxes
7%
$218
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369