This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $79,551 initial cash invested.
1.33%
Cash On Cash
7.4%
Cap Rate
1.13
DSCR
$2,997
Rent
$88
Cashflow
Cash Flow
$2,997 income − $2,909 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,551
Downpayment
20%
$58,620
Closing costs
1%
$2,931
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,997
Total Expenses
$2,909
Mortgage P&I
53%
$1,599
Property Taxes
6%
$189
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$360
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$330