This property might be a fair Mid-Term investment with a projected 8.66% first-year return on $76,947 initial cash invested.
8.66%
Cash On Cash
9.52%
Cap Rate
1.46
DSCR
$3,634
Rent
$555
Cashflow
Cash Flow
$3,634 income − $3,079 expenses = $555 cash flow
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,947
Downpayment
20%
$56,140
Closing costs
1%
$2,807
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,634
Total Expenses
$3,079
Mortgage P&I
42%
$1,526
Property Taxes
6%
$227
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$436
CapEx
4%
$145
Vacancy
3%
$109
Maintenance
4%
$145
Other
11%
$400