This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $76,338 initial cash invested.
1.56%
Cash On Cash
7.1%
Cap Rate
1.15
DSCR
$2,859
Rent
$99
Cashflow
Cash Flow
$2,859 income − $2,760 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,338
Downpayment
20%
$55,560
Closing costs
1%
$2,778
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,859
Total Expenses
$2,760
Mortgage P&I
50%
$1,430
Property Taxes
9%
$259
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314