This property might be a fair Mid-Term investment with a projected 1.76% first-year return on $77,199 initial cash invested.
1.76%
Cash On Cash
7.83%
Cap Rate
1.14
DSCR
$2,940
Rent
$113
Cashflow
Cash Flow
$2,940 income − $2,827 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.7%
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
$2,940
Total Expenses
$2,827
Mortgage P&I
55%
$1,608
Property Taxes
4%
$119
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$323