This property might be a fair Mid-Term investment with a projected 3.3% first-year return on $77,199 initial cash invested.
3.3%
Cash On Cash
7.97%
Cap Rate
1.22
DSCR
$3,070
Rent
$212
Cashflow
Cash Flow
$3,070 income − $2,858 expenses = $212 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,199
Downpayment
20%
$56,380
Closing costs
1%
$2,819
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,070
Total Expenses
$2,858
Mortgage P&I
50%
$1,538
Property Taxes
5%
$144
Home Insurance
4%
$122
HOA
0%
$10
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338