This property might be a fair Mid-Term investment with a projected 0.38% first-year return on $79,845 initial cash invested.
0.38%
Cash On Cash
7.17%
Cap Rate
1.09
DSCR
$2,922
Rent
$25
Cashflow
Cash Flow
$2,922 income − $2,897 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,845
Downpayment
20%
$58,900
Closing costs
1%
$2,945
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,922
Total Expenses
$2,897
Mortgage P&I
55%
$1,617
Property Taxes
6%
$181
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321