This property might be a fair Mid-Term investment with a projected 0.88% first-year return on $79,446 initial cash invested.
0.88%
Cash On Cash
7.43%
Cap Rate
1.11
DSCR
$3,156
Rent
$58
Cashflow
Cash Flow
$3,156 income − $3,098 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,446
Downpayment
20%
$58,520
Closing costs
1%
$2,926
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,156
Total Expenses
$3,098
Mortgage P&I
52%
$1,628
Property Taxes
9%
$292
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347