This property might be a fair Mid-Term investment with a projected 2.45% first-year return on $79,698 initial cash invested.
2.45%
Cash On Cash
7.7%
Cap Rate
1.19
DSCR
$3,290
Rent
$163
Cashflow
Cash Flow
$3,290 income − $3,127 expenses = $163 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,698
Downpayment
20%
$58,760
Closing costs
1%
$2,938
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,290
Total Expenses
$3,127
Mortgage P&I
48%
$1,589
Property Taxes
10%
$316
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362