This property might be a fair Mid-Term investment with a projected 0.95% first-year return on $77,976 initial cash invested.
0.95%
Cash On Cash
7.31%
Cap Rate
1.11
DSCR
$2,758
Rent
$62
Cashflow
Cash Flow
$2,758 income − $2,696 expenses = $62 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,976
Downpayment
20%
$57,120
Closing costs
1%
$2,856
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,758
Total Expenses
$2,696
Mortgage P&I
57%
$1,568
Property Taxes
3%
$88
Home Insurance
4%
$103
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303