This property might be a fair Mid-Term investment with a projected 4.35% first-year return on $78,921 initial cash invested.
4.35%
Cash On Cash
7.72%
Cap Rate
1.27
DSCR
$2,892
Rent
$286
Cashflow
Cash Flow
$2,892 income − $2,606 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$290k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,921
Downpayment
20%
$58,020
Closing costs
1%
$2,901
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,892
Total Expenses
$2,606
Mortgage P&I
51%
$1,464
Property Taxes
2%
$53
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318