This property might be a fair Mid-Term investment with a projected 2.03% first-year return on $77,556 initial cash invested.
2.03%
Cash On Cash
7.66%
Cap Rate
1.17
DSCR
$3,370
Rent
$131
Cashflow
Cash Flow
$3,370 income − $3,239 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,556
Downpayment
20%
$56,720
Closing costs
1%
$2,836
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,370
Total Expenses
$3,239
Mortgage P&I
46%
$1,545
Property Taxes
13%
$448
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$404
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371