This property might be a fair Mid-Term investment with a projected 4.69% first-year return on $78,060 initial cash invested.
4.69%
Cash On Cash
8.34%
Cap Rate
1.29
DSCR
$3,648
Rent
$305
Cashflow
Cash Flow
$3,648 income − $3,343 expenses = $305 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,060
Downpayment
20%
$57,200
Closing costs
1%
$2,860
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,648
Total Expenses
$3,343
Mortgage P&I
42%
$1,536
Property Taxes
13%
$467
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$438
CapEx
4%
$146
Vacancy
3%
$109
Maintenance
4%
$146
Other
11%
$401