This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $76,863 initial cash invested.
0.91%
Cash On Cash
7.5%
Cap Rate
1.12
DSCR
$3,314
Rent
$58
Cashflow
Cash Flow
$3,314 income − $3,256 expenses = $58 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,863
Downpayment
20%
$56,060
Closing costs
1%
$2,803
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,314
Total Expenses
$3,256
Mortgage P&I
47%
$1,561
Property Taxes
13%
$439
Home Insurance
3%
$100
HOA
1%
$28
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$99
Maintenance
4%
$133
Other
11%
$365