This property might be a fair Mid-Term investment with a projected 4.59% first-year return on $78,690 initial cash invested.
4.59%
Cash On Cash
7.82%
Cap Rate
1.3
DSCR
$3,266
Rent
$301
Cashflow
Cash Flow
$3,266 income − $2,965 expenses = $301 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,266
Total Expenses
$2,965
Mortgage P&I
44%
$1,452
Property Taxes
9%
$301
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359