This property might be a fair Mid-Term investment with a projected 9.13% first-year return on $77,157 initial cash invested.
9.13%
Cash On Cash
9.36%
Cap Rate
1.5
DSCR
$3,660
Rent
$587
Cashflow
Cash Flow
$3,660 income − $3,073 expenses = $587 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,157
Downpayment
20%
$56,340
Closing costs
1%
$2,817
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,660
Total Expenses
$3,073
Mortgage P&I
40%
$1,465
Property Taxes
7%
$270
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$403