This property might be a fair Mid-Term investment with a projected 4.41% first-year return on $79,740 initial cash invested.
4.41%
Cash On Cash
8.09%
Cap Rate
1.27
DSCR
$3,198
Rent
$293
Cashflow
Cash Flow
$3,198 income − $2,905 expenses = $293 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,740
Downpayment
20%
$58,800
Closing costs
1%
$2,940
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,198
Total Expenses
$2,905
Mortgage P&I
49%
$1,560
Property Taxes
5%
$154
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352