This property might be a fair Mid-Term investment with a projected 2.27% first-year return on $79,173 initial cash invested.
2.27%
Cash On Cash
7.54%
Cap Rate
1.17
DSCR
$2,856
Rent
$150
Cashflow
Cash Flow
$2,856 income − $2,706 expenses = $150 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,173
Downpayment
20%
$58,260
Closing costs
1%
$2,913
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,856
Total Expenses
$2,706
Mortgage P&I
55%
$1,566
Property Taxes
2%
$61
Home Insurance
4%
$108
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314