This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $76,779 initial cash invested.
1.56%
Cash On Cash
7.03%
Cap Rate
1.15
DSCR
$2,806
Rent
$100
Cashflow
Cash Flow
$2,806 income − $2,706 expenses = $100 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,806
Total Expenses
$2,706
Mortgage P&I
51%
$1,427
Property Taxes
7%
$210
Home Insurance
3%
$98
HOA
1%
$17
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309