This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $79,908 initial cash invested.
1.11%
Cash On Cash
7.51%
Cap Rate
1.12
DSCR
$3,021
Rent
$74
Cashflow
Cash Flow
$3,021 income − $2,947 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,908
Downpayment
20%
$58,960
Closing costs
1%
$2,948
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,021
Total Expenses
$2,947
Mortgage P&I
55%
$1,649
Property Taxes
6%
$169
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332