This property might be a fair Mid-Term investment with a projected 1.7% first-year return on $79,908 initial cash invested.
1.7%
Cash On Cash
7.46%
Cap Rate
1.14
DSCR
$2,924
Rent
$113
Cashflow
Cash Flow
$2,924 income − $2,811 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,908
Downpayment
20%
$58,960
Closing costs
1%
$2,948
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,924
Total Expenses
$2,811
Mortgage P&I
55%
$1,603
Property Taxes
3%
$92
Home Insurance
4%
$121
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322