This property might be a fair Mid-Term investment with a projected 0.87% first-year return on $78,879 initial cash invested.
0.87%
Cash On Cash
7.54%
Cap Rate
1.12
DSCR
$3,594
Rent
$57
Cashflow
Cash Flow
$3,594 income − $3,537 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,594
Total Expenses
$3,537
Mortgage P&I
45%
$1,621
Property Taxes
16%
$592
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395