This property might be a fair Mid-Term investment with a projected 1.45% first-year return on $77,031 initial cash invested.
1.45%
Cash On Cash
7.63%
Cap Rate
1.14
DSCR
$3,064
Rent
$93
Cashflow
Cash Flow
$3,064 income − $2,971 expenses = $93 cash flow
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,031
Downpayment
20%
$56,220
Closing costs
1%
$2,811
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,064
Total Expenses
$2,971
Mortgage P&I
51%
$1,572
Property Taxes
9%
$262
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337