This property might be a fair Mid-Term investment with a projected 1.99% first-year return on $77,619 initial cash invested.
1.99%
Cash On Cash
7.29%
Cap Rate
1.18
DSCR
$3,237
Rent
$129
Cashflow
Cash Flow
$3,237 income − $3,108 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,619
Downpayment
20%
$56,780
Closing costs
1%
$2,839
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,237
Total Expenses
$3,108
Mortgage P&I
45%
$1,467
Property Taxes
9%
$282
Home Insurance
3%
$100
HOA
5%
$160
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356