This property might be a fair Mid-Term investment with a projected 1.21% first-year return on $79,509 initial cash invested.
1.21%
Cash On Cash
7.07%
Cap Rate
1.13
DSCR
$3,129
Rent
$80
Cashflow
Cash Flow
$3,129 income − $3,049 expenses = $80 cash flow
Investment Breakdown
|
Purchase Price
$293k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,509
Downpayment
20%
$58,580
Closing costs
1%
$2,929
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,129
Total Expenses
$3,049
Mortgage P&I
49%
$1,521
Property Taxes
12%
$360
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344