This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $78,396 initial cash invested.
4.44%
Cash On Cash
8.29%
Cap Rate
1.26
DSCR
$3,062
Rent
$290
Cashflow
Cash Flow
$3,062 income − $2,772 expenses = $290 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,396
Downpayment
20%
$57,520
Closing costs
1%
$2,876
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,062
Total Expenses
$2,772
Mortgage P&I
51%
$1,574
Property Taxes
2%
$53
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$337