This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $77,283 initial cash invested.
3.88%
Cash On Cash
8.3%
Cap Rate
1.24
DSCR
$3,248
Rent
$250
Cashflow
Cash Flow
$3,248 income − $2,998 expenses = $250 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,283
Downpayment
20%
$56,460
Closing costs
1%
$2,823
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,248
Total Expenses
$2,998
Mortgage P&I
48%
$1,573
Property Taxes
7%
$219
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357