This property might be a fair Mid-Term investment with a projected 5.53% first-year return on $79,593 initial cash invested.
5.53%
Cash On Cash
8.6%
Cap Rate
1.31
DSCR
$3,357
Rent
$367
Cashflow
Cash Flow
$3,357 income − $2,990 expenses = $367 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,357
Total Expenses
$2,990
Mortgage P&I
48%
$1,601
Property Taxes
4%
$143
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369