This property might be a fair Mid-Term investment with a projected 1.87% first-year return on $79,467 initial cash invested.
1.87%
Cash On Cash
7.47%
Cap Rate
1.17
DSCR
$3,376
Rent
$124
Cashflow
Cash Flow
$3,376 income − $3,252 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,467
Downpayment
20%
$58,540
Closing costs
1%
$2,927
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,376
Total Expenses
$3,252
Mortgage P&I
46%
$1,562
Property Taxes
13%
$438
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371