This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $79,194 initial cash invested.
0.47%
Cash On Cash
7.14%
Cap Rate
1.1
DSCR
$3,015
Rent
$31
Cashflow
Cash Flow
$3,015 income − $2,984 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,194
Downpayment
20%
$58,280
Closing costs
1%
$2,914
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,015
Total Expenses
$2,984
Mortgage P&I
52%
$1,582
Property Taxes
9%
$264
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332