This property might be a fair Mid-Term investment with a projected 3.49% first-year return on $77,262 initial cash invested.
3.49%
Cash On Cash
8.04%
Cap Rate
1.22
DSCR
$2,874
Rent
$225
Cashflow
Cash Flow
$2,874 income − $2,649 expenses = $225 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,262
Downpayment
20%
$56,440
Closing costs
1%
$2,822
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,874
Total Expenses
$2,649
Mortgage P&I
54%
$1,550
Property Taxes
1%
$20
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316