This property might be a fair Mid-Term investment with a projected 1.48% first-year return on $76,842 initial cash invested.
1.48%
Cash On Cash
7.62%
Cap Rate
1.17
DSCR
$3,980
Rent
$95
Cashflow
Cash Flow
$3,980 income − $3,885 expenses = $95 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,842
Downpayment
20%
$56,040
Closing costs
1%
$2,802
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,980
Total Expenses
$3,885
Mortgage P&I
38%
$1,525
Property Taxes
23%
$906
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$478
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$438