This property might be a fair Mid-Term investment with a projected 3.85% first-year return on $78,249 initial cash invested.
3.85%
Cash On Cash
8.15%
Cap Rate
1.25
DSCR
$3,402
Rent
$251
Cashflow
Cash Flow
$3,402 income − $3,151 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,249
Downpayment
20%
$57,380
Closing costs
1%
$2,869
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,402
Total Expenses
$3,151
Mortgage P&I
46%
$1,561
Property Taxes
8%
$282
Home Insurance
4%
$152
HOA
0%
$0
Property Management
12%
$408
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$374