This property might be a fair Mid-Term investment with a projected 5.24% first-year return on $79,929 initial cash invested.
5.24%
Cash On Cash
8.62%
Cap Rate
1.3
DSCR
$3,492
Rent
$349
Cashflow
Cash Flow
$3,492 income − $3,143 expenses = $349 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,929
Downpayment
20%
$58,980
Closing costs
1%
$2,949
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,492
Total Expenses
$3,143
Mortgage P&I
47%
$1,629
Property Taxes
5%
$177
Home Insurance
3%
$103
HOA
1%
$46
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384