This property might be a fair Mid-Term investment with a projected 0.88% first-year return on $77,619 initial cash invested.
0.88%
Cash On Cash
7.31%
Cap Rate
1.13
DSCR
$3,548
Rent
$57
Cashflow
Cash Flow
$3,548 income − $3,491 expenses = $57 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,619
Downpayment
20%
$56,780
Closing costs
1%
$2,839
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,548
Total Expenses
$3,491
Mortgage P&I
43%
$1,530
Property Taxes
17%
$619
Home Insurance
4%
$136
HOA
0%
$0
Property Management
12%
$426
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390