This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $79,782 initial cash invested.
4.17%
Cash On Cash
8.04%
Cap Rate
1.26
DSCR
$3,232
Rent
$277
Cashflow
Cash Flow
$3,232 income − $2,955 expenses = $277 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,782
Downpayment
20%
$58,840
Closing costs
1%
$2,942
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,232
Total Expenses
$2,955
Mortgage P&I
48%
$1,566
Property Taxes
6%
$188
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356