This property might be a fair Mid-Term investment with a projected 4.63% first-year return on $77,976 initial cash invested.
4.63%
Cash On Cash
8.43%
Cap Rate
1.27
DSCR
$3,196
Rent
$301
Cashflow
Cash Flow
$3,196 income − $2,895 expenses = $301 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,976
Downpayment
20%
$57,120
Closing costs
1%
$2,856
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,196
Total Expenses
$2,895
Mortgage P&I
49%
$1,578
Property Taxes
5%
$159
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352