This property might be a fair Mid-Term investment with a projected 9.08% first-year return on $78,879 initial cash invested.
9.08%
Cash On Cash
9.66%
Cap Rate
1.48
DSCR
$4,054
Rent
$597
Cashflow
Cash Flow
$4,054 income − $3,457 expenses = $597 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,054
Total Expenses
$3,457
Mortgage P&I
39%
$1,574
Property Taxes
10%
$403
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$486
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$446