This property might be a fair Mid-Term investment with a projected 0.59% first-year return on $76,947 initial cash invested.
0.59%
Cash On Cash
7.41%
Cap Rate
1.1
DSCR
$3,050
Rent
$38
Cashflow
Cash Flow
$3,050 income − $3,012 expenses = $38 cash flow
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,947
Downpayment
20%
$56,140
Closing costs
1%
$2,807
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,050
Total Expenses
$3,012
Mortgage P&I
52%
$1,574
Property Taxes
10%
$300
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336