This property might be a fair Mid-Term investment with a projected 2.28% first-year return on $78,039 initial cash invested.
2.28%
Cash On Cash
7.76%
Cap Rate
1.18
DSCR
$3,357
Rent
$148
Cashflow
Cash Flow
$3,357 income − $3,209 expenses = $148 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,039
Downpayment
20%
$57,180
Closing costs
1%
$2,859
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,357
Total Expenses
$3,209
Mortgage P&I
47%
$1,566
Property Taxes
12%
$394
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369