This property might be a fair Mid-Term investment with a projected 4.24% first-year return on $76,758 initial cash invested.
4.24%
Cash On Cash
8.32%
Cap Rate
1.26
DSCR
$3,182
Rent
$271
Cashflow
Cash Flow
$3,182 income − $2,911 expenses = $271 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,758
Downpayment
20%
$55,960
Closing costs
1%
$2,798
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,182
Total Expenses
$2,911
Mortgage P&I
48%
$1,542
Property Taxes
5%
$167
Home Insurance
3%
$110
HOA
0%
$11
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350