This property might be a fair Mid-Term investment with a projected 2.6% first-year return on $77,955 initial cash invested.
2.6%
Cash On Cash
7.94%
Cap Rate
1.19
DSCR
$3,177
Rent
$169
Cashflow
Cash Flow
$3,177 income − $3,008 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,955
Downpayment
20%
$57,100
Closing costs
1%
$2,855
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$3,008
Mortgage P&I
50%
$1,592
Property Taxes
7%
$235
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349