This property might be a fair Mid-Term investment with a projected 0.56% first-year return on $76,884 initial cash invested.
0.56%
Cash On Cash
7.02%
Cap Rate
1.11
DSCR
$3,200
Rent
$36
Cashflow
Cash Flow
$3,200 income − $3,164 expenses = $36 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,884
Downpayment
20%
$56,080
Closing costs
1%
$2,804
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,200
Total Expenses
$3,164
Mortgage P&I
46%
$1,477
Property Taxes
16%
$496
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352