This property might be a fair Mid-Term investment with a projected 6.69% first-year return on $79,950 initial cash invested.
6.69%
Cash On Cash
8.77%
Cap Rate
1.38
DSCR
$3,639
Rent
$446
Cashflow
Cash Flow
$3,639 income − $3,193 expenses = $446 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,639
Total Expenses
$3,193
Mortgage P&I
43%
$1,563
Property Taxes
8%
$289
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$437
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$400