This property might be a fair Mid-Term investment with a projected 3.46% first-year return on $78,690 initial cash invested.
3.46%
Cash On Cash
7.96%
Cap Rate
1.23
DSCR
$3,284
Rent
$227
Cashflow
Cash Flow
$3,284 income − $3,057 expenses = $227 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,284
Total Expenses
$3,057
Mortgage P&I
48%
$1,560
Property Taxes
9%
$280
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361