This property might be a fair Mid-Term investment with a projected 5.23% first-year return on $78,690 initial cash invested.
5.23%
Cash On Cash
8.11%
Cap Rate
1.32
DSCR
$3,302
Rent
$343
Cashflow
Cash Flow
$3,302 income − $2,959 expenses = $343 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,302
Total Expenses
$2,959
Mortgage P&I
45%
$1,478
Property Taxes
7%
$238
Home Insurance
3%
$101
HOA
1%
$20
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363