This property might be a fair Mid-Term investment with a projected 3.64% first-year return on $79,026 initial cash invested.
3.64%
Cash On Cash
8.16%
Cap Rate
1.24
DSCR
$3,574
Rent
$240
Cashflow
Cash Flow
$3,574 income − $3,334 expenses = $240 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,026
Downpayment
20%
$58,120
Closing costs
1%
$2,906
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,574
Total Expenses
$3,334
Mortgage P&I
45%
$1,593
Property Taxes
12%
$421
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393