This property might be a fair Mid-Term investment with a projected 2.86% first-year return on $79,362 initial cash invested.
2.86%
Cash On Cash
7.74%
Cap Rate
1.2
DSCR
$3,186
Rent
$189
Cashflow
Cash Flow
$3,186 income − $2,997 expenses = $189 cash flow
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,362
Downpayment
20%
$58,440
Closing costs
1%
$2,922
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,186
Total Expenses
$2,997
Mortgage P&I
49%
$1,568
Property Taxes
8%
$244
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$96
Maintenance
4%
$127
Other
11%
$350