This property might be a fair Mid-Term investment with a projected 1.67% first-year return on $79,593 initial cash invested.
1.67%
Cash On Cash
7.11%
Cap Rate
1.15
DSCR
$2,918
Rent
$111
Cashflow
Cash Flow
$2,918 income − $2,807 expenses = $111 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,593
Downpayment
20%
$58,660
Closing costs
1%
$2,933
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,918
Total Expenses
$2,807
Mortgage P&I
52%
$1,510
Property Taxes
7%
$200
Home Insurance
4%
$104
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321