This property might be a fair Mid-Term investment with a projected 1.1% first-year return on $78,207 initial cash invested.
1.1%
Cash On Cash
7.33%
Cap Rate
1.12
DSCR
$2,930
Rent
$72
Cashflow
Cash Flow
$2,930 income − $2,858 expenses = $72 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,207
Downpayment
20%
$57,340
Closing costs
1%
$2,867
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,930
Total Expenses
$2,858
Mortgage P&I
53%
$1,562
Property Taxes
7%
$192
Home Insurance
3%
$100
HOA
0%
$8
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322