This property might be a fair Mid-Term investment with a projected 3.05% first-year return on $77,220 initial cash invested.
3.05%
Cash On Cash
8.18%
Cap Rate
1.23
DSCR
$4,029
Rent
$196
Cashflow
Cash Flow
$4,029 income − $3,833 expenses = $196 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,220
Downpayment
20%
$56,400
Closing costs
1%
$2,820
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,029
Total Expenses
$3,833
Mortgage P&I
39%
$1,566
Property Taxes
20%
$798
Home Insurance
2%
$100
HOA
0%
$0
Property Management
12%
$483
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$443