This property might be a fair Mid-Term investment with a projected 2.42% first-year return on $78,690 initial cash invested.
2.42%
Cash On Cash
7.25%
Cap Rate
1.18
DSCR
$2,726
Rent
$159
Cashflow
Cash Flow
$2,726 income − $2,567 expenses = $159 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,726
Total Expenses
$2,567
Mortgage P&I
54%
$1,477
Property Taxes
2%
$62
Home Insurance
4%
$101
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300