This property might be a fair Mid-Term investment with a projected 1.81% first-year return on $79,593 initial cash invested.
1.81%
Cash On Cash
7.42%
Cap Rate
1.16
DSCR
$3,168
Rent
$120
Cashflow
Cash Flow
$3,168 income − $3,048 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,168
Total Expenses
$3,048
Mortgage P&I
49%
$1,566
Property Taxes
6%
$178
Home Insurance
3%
$103
HOA
4%
$124
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348