This property might be a fair Mid-Term investment with a projected 5.43% first-year return on $77,178 initial cash invested.
5.43%
Cash On Cash
8.76%
Cap Rate
1.31
DSCR
$3,345
Rent
$349
Cashflow
Cash Flow
$3,345 income − $2,996 expenses = $349 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,178
Downpayment
20%
$56,360
Closing costs
1%
$2,818
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,345
Total Expenses
$2,996
Mortgage P&I
47%
$1,575
Property Taxes
4%
$140
Home Insurance
3%
$102
HOA
1%
$42
Property Management
12%
$401
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368