This property might be a fair Mid-Term investment with a projected 3.19% first-year return on $77,472 initial cash invested.
3.19%
Cash On Cash
7.78%
Cap Rate
1.22
DSCR
$3,066
Rent
$206
Cashflow
Cash Flow
$3,066 income − $2,860 expenses = $206 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,472
Downpayment
20%
$56,640
Closing costs
1%
$2,832
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,066
Total Expenses
$2,860
Mortgage P&I
49%
$1,507
Property Taxes
7%
$208
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337