This property might be a fair Mid-Term investment with a projected 4.43% first-year return on $77,199 initial cash invested.
4.43%
Cash On Cash
8.22%
Cap Rate
1.27
DSCR
$3,248
Rent
$285
Cashflow
Cash Flow
$3,248 income − $2,963 expenses = $285 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,199
Downpayment
20%
$56,380
Closing costs
1%
$2,819
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,248
Total Expenses
$2,963
Mortgage P&I
47%
$1,517
Property Taxes
7%
$239
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357