This property might be a fair Mid-Term investment with a projected 4.01% first-year return on $78,690 initial cash invested.
4.01%
Cash On Cash
7.67%
Cap Rate
1.26
DSCR
$2,931
Rent
$263
Cashflow
Cash Flow
$2,931 income − $2,668 expenses = $263 cash flow
Investment Breakdown
|
Purchase Price
$289k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,690
Downpayment
20%
$57,800
Closing costs
1%
$2,890
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,931
Total Expenses
$2,668
Mortgage P&I
50%
$1,467
Property Taxes
4%
$104
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322