This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $76,485 initial cash invested.
1.46%
Cash On Cash
7.52%
Cap Rate
1.14
DSCR
$2,916
Rent
$93
Cashflow
Cash Flow
$2,916 income − $2,823 expenses = $93 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,485
Downpayment
20%
$55,700
Closing costs
1%
$2,785
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,916
Total Expenses
$2,823
Mortgage P&I
53%
$1,536
Property Taxes
5%
$143
Home Insurance
4%
$102
HOA
2%
$50
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$87
Maintenance
4%
$117
Other
11%
$321