This property might be a fair Mid-Term investment with a projected 0.98% first-year return on $76,842 initial cash invested.
0.98%
Cash On Cash
7.32%
Cap Rate
1.12
DSCR
$2,944
Rent
$63
Cashflow
Cash Flow
$2,944 income − $2,881 expenses = $63 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,842
Downpayment
20%
$56,040
Closing costs
1%
$2,802
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,944
Total Expenses
$2,881
Mortgage P&I
52%
$1,529
Property Taxes
8%
$234
Home Insurance
4%
$107
HOA
0%
$10
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324