This property might be a fair Mid-Term investment with a projected 9.51% first-year return on $78,774 initial cash invested.
9.51%
Cash On Cash
9.36%
Cap Rate
1.51
DSCR
$3,562
Rent
$624
Cashflow
Cash Flow
$3,562 income − $2,938 expenses = $624 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,774
Downpayment
20%
$57,880
Closing costs
1%
$2,894
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,562
Total Expenses
$2,938
Mortgage P&I
42%
$1,491
Property Taxes
4%
$136
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$427
CapEx
4%
$142
Vacancy
3%
$107
Maintenance
4%
$142
Other
11%
$392