This property might be a fair Mid-Term investment with a projected 4.07% first-year return on $76,590 initial cash invested.
4.07%
Cash On Cash
8.28%
Cap Rate
1.26
DSCR
$3,454
Rent
$260
Cashflow
Cash Flow
$3,454 income − $3,194 expenses = $260 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,454
Total Expenses
$3,194
Mortgage P&I
44%
$1,528
Property Taxes
11%
$394
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380