This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $79,383 initial cash invested.
4.47%
Cash On Cash
8.07%
Cap Rate
1.27
DSCR
$3,154
Rent
$296
Cashflow
Cash Flow
$3,154 income − $2,858 expenses = $296 cash flow
Investment Breakdown
|
Purchase Price
$292k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,383
Downpayment
20%
$58,460
Closing costs
1%
$2,923
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,154
Total Expenses
$2,858
Mortgage P&I
49%
$1,543
Property Taxes
4%
$138
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347