This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $78,858 initial cash invested.
1.08%
Cash On Cash
7.2%
Cap Rate
1.13
DSCR
$3,116
Rent
$71
Cashflow
Cash Flow
$3,116 income − $3,045 expenses = $71 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,858
Downpayment
20%
$57,960
Closing costs
1%
$2,898
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,116
Total Expenses
$3,045
Mortgage P&I
49%
$1,542
Property Taxes
11%
$340
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$93
Maintenance
4%
$125
Other
11%
$343