This property might be a fair Mid-Term investment with a projected 0.94% first-year return on $76,884 initial cash invested.
0.94%
Cash On Cash
7.53%
Cap Rate
1.12
DSCR
$3,202
Rent
$60
Cashflow
Cash Flow
$3,202 income − $3,142 expenses = $60 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,884
Downpayment
20%
$56,080
Closing costs
1%
$2,804
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,202
Total Expenses
$3,142
Mortgage P&I
49%
$1,572
Property Taxes
12%
$382
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352