This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $79,929 initial cash invested.
1.92%
Cash On Cash
7.3%
Cap Rate
1.17
DSCR
$3,249
Rent
$128
Cashflow
Cash Flow
$3,249 income − $3,121 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,929
Downpayment
20%
$58,980
Closing costs
1%
$2,949
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,249
Total Expenses
$3,121
Mortgage P&I
47%
$1,536
Property Taxes
9%
$303
Home Insurance
3%
$103
HOA
2%
$75
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357