This property might be a fair Mid-Term investment with a projected 4.99% first-year return on $78,879 initial cash invested.
4.99%
Cash On Cash
7.98%
Cap Rate
1.31
DSCR
$3,111
Rent
$328
Cashflow
Cash Flow
$3,111 income − $2,783 expenses = $328 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.6%
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
$3,111
Total Expenses
$2,783
Mortgage P&I
47%
$1,477
Property Taxes
5%
$148
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342