This property might be a fair Mid-Term investment with a projected 1.59% first-year return on $79,320 initial cash invested.
1.59%
Cash On Cash
7.02%
Cap Rate
1.15
DSCR
$2,862
Rent
$105
Cashflow
Cash Flow
$2,862 income − $2,757 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,320
Downpayment
20%
$58,400
Closing costs
1%
$2,920
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,862
Total Expenses
$2,757
Mortgage P&I
52%
$1,490
Property Taxes
7%
$193
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$315