This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $79,341 initial cash invested.
1.06%
Cash On Cash
7.3%
Cap Rate
1.12
DSCR
$3,032
Rent
$70
Cashflow
Cash Flow
$3,032 income − $2,962 expenses = $70 cash flow
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,341
Downpayment
20%
$58,420
Closing costs
1%
$2,921
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,032
Total Expenses
$2,962
Mortgage P&I
52%
$1,586
Property Taxes
8%
$242
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334