This property might be a fair Mid-Term investment with a projected 1.51% first-year return on $79,425 initial cash invested.
1.51%
Cash On Cash
7.38%
Cap Rate
1.14
DSCR
$2,998
Rent
$100
Cashflow
Cash Flow
$2,998 income − $2,898 expenses = $100 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,425
Downpayment
20%
$58,500
Closing costs
1%
$2,925
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,998
Total Expenses
$2,898
Mortgage P&I
53%
$1,578
Property Taxes
7%
$195
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330