This property might be a fair Mid-Term investment with a projected 6.73% first-year return on $78,753 initial cash invested.
6.73%
Cash On Cash
8.52%
Cap Rate
1.39
DSCR
$3,354
Rent
$442
Cashflow
Cash Flow
$3,354 income − $2,912 expenses = $442 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,753
Downpayment
20%
$57,860
Closing costs
1%
$2,893
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,354
Total Expenses
$2,912
Mortgage P&I
44%
$1,479
Property Taxes
6%
$188
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369