This property might be a fair Mid-Term investment with a projected 4% first-year return on $79,257 initial cash invested.
4%
Cash On Cash
8.17%
Cap Rate
1.25
DSCR
$3,390
Rent
$264
Cashflow
Cash Flow
$3,390 income − $3,126 expenses = $264 cash flow
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,257
Downpayment
20%
$58,340
Closing costs
1%
$2,917
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,390
Total Expenses
$3,126
Mortgage P&I
47%
$1,586
Property Taxes
6%
$206
Home Insurance
5%
$180
HOA
0%
$0
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373