This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $79,047 initial cash invested.
0.91%
Cash On Cash
7.52%
Cap Rate
1.12
DSCR
$3,410
Rent
$60
Cashflow
Cash Flow
$3,410 income − $3,350 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,047
Downpayment
20%
$58,140
Closing costs
1%
$2,907
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,410
Total Expenses
$3,350
Mortgage P&I
48%
$1,626
Property Taxes
14%
$463
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375