This property might be a fair Mid-Term investment with a projected 1.34% first-year return on $76,800 initial cash invested.
1.34%
Cash On Cash
7.45%
Cap Rate
1.14
DSCR
$3,264
Rent
$86
Cashflow
Cash Flow
$3,264 income − $3,178 expenses = $86 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,264
Total Expenses
$3,178
Mortgage P&I
47%
$1,522
Property Taxes
14%
$444
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359