This property might be a fair Mid-Term investment with a projected 1.98% first-year return on $77,409 initial cash invested.
1.98%
Cash On Cash
7.07%
Cap Rate
1.17
DSCR
$2,748
Rent
$128
Cashflow
Cash Flow
$2,748 income − $2,620 expenses = $128 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,409
Downpayment
20%
$56,580
Closing costs
1%
$2,829
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,748
Total Expenses
$2,620
Mortgage P&I
52%
$1,428
Property Taxes
5%
$134
Home Insurance
4%
$99
HOA
1%
$25
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302