This property might be a fair Mid-Term investment with a projected 2.13% first-year return on $77,640 initial cash invested.
2.13%
Cash On Cash
7.82%
Cap Rate
1.16
DSCR
$3,082
Rent
$138
Cashflow
Cash Flow
$3,082 income − $2,944 expenses = $138 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,640
Downpayment
20%
$56,800
Closing costs
1%
$2,840
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,082
Total Expenses
$2,944
Mortgage P&I
52%
$1,589
Property Taxes
6%
$176
Home Insurance
3%
$99
HOA
1%
$33
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339