This property might be a fair Mid-Term investment with a projected 5.51% first-year return on $77,115 initial cash invested.
5.51%
Cash On Cash
8.38%
Cap Rate
1.32
DSCR
$3,160
Rent
$354
Cashflow
Cash Flow
$3,160 income − $2,806 expenses = $354 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,115
Downpayment
20%
$56,300
Closing costs
1%
$2,815
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,160
Total Expenses
$2,806
Mortgage P&I
47%
$1,485
Property Taxes
4%
$129
Home Insurance
3%
$101
HOA
1%
$17
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$348