This property might be a fair Mid-Term investment with a projected 0.44% first-year return on $78,879 initial cash invested.
0.44%
Cash On Cash
7.18%
Cap Rate
1.1
DSCR
$3,046
Rent
$29
Cashflow
Cash Flow
$3,046 income − $3,017 expenses = $29 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,046
Total Expenses
$3,017
Mortgage P&I
52%
$1,583
Property Taxes
10%
$296
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335