This property might be a fair Mid-Term investment with a projected 9.91% first-year return on $79,068 initial cash invested.
9.91%
Cash On Cash
9.84%
Cap Rate
1.52
DSCR
$4,011
Rent
$653
Cashflow
Cash Flow
$4,011 income − $3,358 expenses = $653 cash flow
Investment Breakdown
|
Purchase Price
$291k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,068
Downpayment
20%
$58,160
Closing costs
1%
$2,908
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,011
Total Expenses
$3,358
Mortgage P&I
39%
$1,571
Property Taxes
7%
$296
Home Insurance
2%
$91
HOA
1%
$38
Property Management
12%
$481
CapEx
4%
$160
Vacancy
3%
$120
Maintenance
4%
$160
Other
11%
$441