This property might be a fair Mid-Term investment with a projected 2.41% first-year return on $78,270 initial cash invested.
2.41%
Cash On Cash
7.85%
Cap Rate
1.18
DSCR
$3,303
Rent
$157
Cashflow
Cash Flow
$3,303 income − $3,146 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,270
Downpayment
20%
$57,400
Closing costs
1%
$2,870
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,303
Total Expenses
$3,146
Mortgage P&I
48%
$1,589
Property Taxes
10%
$335
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363