This property might be a fair Mid-Term investment with a projected 4.71% first-year return on $79,950 initial cash invested.
4.71%
Cash On Cash
8.39%
Cap Rate
1.28
DSCR
$3,284
Rent
$314
Cashflow
Cash Flow
$3,284 income − $2,970 expenses = $314 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,284
Total Expenses
$2,970
Mortgage P&I
49%
$1,617
Property Taxes
4%
$132
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361