This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $79,530 initial cash invested.
2.57%
Cash On Cash
7.81%
Cap Rate
1.19
DSCR
$3,526
Rent
$170
Cashflow
Cash Flow
$3,526 income − $3,356 expenses = $170 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,530
Downpayment
20%
$58,600
Closing costs
1%
$2,930
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,526
Total Expenses
$3,356
Mortgage P&I
45%
$1,595
Property Taxes
13%
$469
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388