This property might be a fair Mid-Term investment with a projected 1.33% first-year return on $77,598 initial cash invested.
1.33%
Cash On Cash
7.52%
Cap Rate
1.14
DSCR
$3,225
Rent
$86
Cashflow
Cash Flow
$3,225 income − $3,139 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,598
Downpayment
20%
$56,760
Closing costs
1%
$2,838
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,225
Total Expenses
$3,139
Mortgage P&I
49%
$1,564
Property Taxes
10%
$308
Home Insurance
3%
$102
HOA
2%
$68
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355