This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $78,890 initial cash invested.
0.96%
Cash On Cash
6.87%
Cap Rate
1.11
DSCR
$2,560
Rent
$63
Cashflow
Cash Flow
$2,560 income − $2,497 expenses = $63 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,890
Downpayment
20%
$57,990
Closing costs
1%
$2,900
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,560
Total Expenses
$2,497
Mortgage P&I
58%
$1,494
Property Taxes
1%
$31
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$282