This property might be a fair Mid-Term investment with a projected 2.58% first-year return on $78,144 initial cash invested.
2.58%
Cash On Cash
7.55%
Cap Rate
1.19
DSCR
$2,948
Rent
$168
Cashflow
Cash Flow
$2,948 income − $2,780 expenses = $168 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,144
Downpayment
20%
$57,280
Closing costs
1%
$2,864
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,948
Total Expenses
$2,780
Mortgage P&I
51%
$1,515
Property Taxes
6%
$165
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324