This property might be a fair Mid-Term investment with a projected 4.73% first-year return on $79,593 initial cash invested.
4.73%
Cash On Cash
8.64%
Cap Rate
1.29
DSCR
$3,956
Rent
$314
Cashflow
Cash Flow
$3,956 income − $3,642 expenses = $314 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,593
Downpayment
20%
$58,660
Closing costs
1%
$2,933
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,956
Total Expenses
$3,642
Mortgage P&I
41%
$1,640
Property Taxes
14%
$554
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$475
CapEx
4%
$158
Vacancy
3%
$119
Maintenance
4%
$158
Other
11%
$435