This property might be a fair Mid-Term investment with a projected 8.69% first-year return on $79,677 initial cash invested.
8.69%
Cash On Cash
9.71%
Cap Rate
1.45
DSCR
$4,072
Rent
$577
Cashflow
Cash Flow
$4,072 income − $3,495 expenses = $577 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,677
Downpayment
20%
$58,740
Closing costs
1%
$2,937
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,072
Total Expenses
$3,495
Mortgage P&I
40%
$1,637
Property Taxes
9%
$379
Home Insurance
2%
$94
HOA
0%
$0
Property Management
12%
$489
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$448