This property might be a fair Mid-Term investment with a projected 5.29% first-year return on $77,283 initial cash invested.
5.29%
Cash On Cash
8.44%
Cap Rate
1.34
DSCR
$3,981
Rent
$341
Cashflow
Cash Flow
$3,981 income − $3,640 expenses = $341 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,283
Downpayment
20%
$56,460
Closing costs
1%
$2,823
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,981
Total Expenses
$3,640
Mortgage P&I
37%
$1,485
Property Taxes
17%
$676
Home Insurance
3%
$126
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438