This property might be a fair Mid-Term investment with a projected 4.46% first-year return on $78,879 initial cash invested.
4.46%
Cash On Cash
8.69%
Cap Rate
1.26
DSCR
$3,420
Rent
$293
Cashflow
Cash Flow
$3,420 income − $3,127 expenses = $293 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,420
Total Expenses
$3,127
Mortgage P&I
49%
$1,670
Property Taxes
6%
$192
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$376