This property might be a fair Mid-Term investment with a projected 6.56% first-year return on $79,950 initial cash invested.
6.56%
Cash On Cash
8.85%
Cap Rate
1.38
DSCR
$4,062
Rent
$437
Cashflow
Cash Flow
$4,062 income − $3,625 expenses = $437 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,062
Total Expenses
$3,625
Mortgage P&I
39%
$1,576
Property Taxes
14%
$566
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$487
CapEx
4%
$162
Vacancy
3%
$122
Maintenance
4%
$162
Other
11%
$447