This property might be a fair Mid-Term investment with a projected 1.01% first-year return on $78,501 initial cash invested.
1.01%
Cash On Cash
7.09%
Cap Rate
1.12
DSCR
$2,942
Rent
$66
Cashflow
Cash Flow
$2,942 income − $2,876 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,501
Downpayment
20%
$57,620
Closing costs
1%
$2,881
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,942
Total Expenses
$2,876
Mortgage P&I
52%
$1,517
Property Taxes
9%
$256
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324