This property might be a fair Mid-Term investment with a projected 4.26% first-year return on $59,179 initial cash invested.
4.26%
Cash On Cash
8.1%
Cap Rate
1.23
DSCR
$3,592
Rent
$210
Cashflow
Cash Flow
$3,592 income − $3,382 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,179
Downpayment
20%
$56,360
Closing costs
1%
$2,818
Rehab
0%
$0
Furnishing
0%
$1
Cashflow
Total Income
$3,592
Total Expenses
$3,382
Mortgage P&I
43%
$1,549
Property Taxes
14%
$512
Home Insurance
3%
$99
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395