This property might be a fair Mid-Term investment with a projected 0.47% first-year return on $78,879 initial cash invested.
0.47%
Cash On Cash
7.19%
Cap Rate
1.1
DSCR
$3,160
Rent
$31
Cashflow
Cash Flow
$3,160 income − $3,129 expenses = $31 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,160
Total Expenses
$3,129
Mortgage P&I
50%
$1,579
Property Taxes
12%
$374
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$348