This property might be a fair Mid-Term investment with a projected 2.14% first-year return on $78,522 initial cash invested.
2.14%
Cash On Cash
7.45%
Cap Rate
1.17
DSCR
$2,890
Rent
$140
Cashflow
Cash Flow
$2,890 income − $2,750 expenses = $140 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,522
Downpayment
20%
$57,640
Closing costs
1%
$2,882
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,890
Total Expenses
$2,750
Mortgage P&I
53%
$1,533
Property Taxes
5%
$131
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318