This property might be a fair Mid-Term investment with a projected 4.03% first-year return on $79,740 initial cash invested.
4.03%
Cash On Cash
7.75%
Cap Rate
1.27
DSCR
$3,327
Rent
$268
Cashflow
Cash Flow
$3,327 income − $3,059 expenses = $268 cash flow
Investment Breakdown
|
Purchase Price
$294k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,740
Downpayment
20%
$58,800
Closing costs
1%
$2,940
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,327
Total Expenses
$3,059
Mortgage P&I
45%
$1,498
Property Taxes
10%
$325
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366