This property might be a fair Mid-Term investment with a projected 3.26% first-year return on $78,291 initial cash invested.
3.26%
Cash On Cash
8.1%
Cap Rate
1.22
DSCR
$3,316
Rent
$213
Cashflow
Cash Flow
$3,316 income − $3,103 expenses = $213 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,291
Downpayment
20%
$57,420
Closing costs
1%
$2,871
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,316
Total Expenses
$3,103
Mortgage P&I
48%
$1,593
Property Taxes
9%
$289
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$99
Maintenance
4%
$133
Other
11%
$365