This property might be a fair Mid-Term investment with a projected 1.43% first-year return on $79,929 initial cash invested.
1.43%
Cash On Cash
7.01%
Cap Rate
1.14
DSCR
$2,840
Rent
$95
Cashflow
Cash Flow
$2,840 income − $2,745 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,929
Downpayment
20%
$58,980
Closing costs
1%
$2,949
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,840
Total Expenses
$2,745
Mortgage P&I
53%
$1,514
Property Taxes
6%
$162
Home Insurance
4%
$103
HOA
0%
$0
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$312