This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $79,194 initial cash invested.
3.47%
Cash On Cash
7.89%
Cap Rate
1.23
DSCR
$3,344
Rent
$229
Cashflow
Cash Flow
$3,344 income − $3,115 expenses = $229 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,194
Downpayment
20%
$58,280
Closing costs
1%
$2,914
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,344
Total Expenses
$3,115
Mortgage P&I
46%
$1,553
Property Taxes
9%
$308
Home Insurance
4%
$117
HOA
0%
$0
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368