This property might be a fair Mid-Term investment with a projected 2.72% first-year return on $76,779 initial cash invested.
2.72%
Cash On Cash
7.82%
Cap Rate
1.2
DSCR
$3,190
Rent
$174
Cashflow
Cash Flow
$3,190 income − $3,016 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,190
Total Expenses
$3,016
Mortgage P&I
48%
$1,523
Property Taxes
10%
$309
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351