This property might be a fair Mid-Term investment with a projected 0.62% first-year return on $78,879 initial cash invested.
0.62%
Cash On Cash
7.24%
Cap Rate
1.1
DSCR
$2,992
Rent
$41
Cashflow
Cash Flow
$2,992 income − $2,951 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,879
Downpayment
20%
$57,980
Closing costs
1%
$2,899
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,992
Total Expenses
$2,951
Mortgage P&I
53%
$1,589
Property Taxes
8%
$242
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329