This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $76,779 initial cash invested.
1.02%
Cash On Cash
6.92%
Cap Rate
1.12
DSCR
$2,690
Rent
$65
Cashflow
Cash Flow
$2,690 income − $2,625 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,690
Total Expenses
$2,625
Mortgage P&I
54%
$1,442
Property Taxes
6%
$169
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296