This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $76,275 initial cash invested.
1.92%
Cash On Cash
7.61%
Cap Rate
1.15
DSCR
$2,799
Rent
$122
Cashflow
Cash Flow
$2,799 income − $2,677 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,275
Downpayment
20%
$55,500
Closing costs
1%
$2,775
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,799
Total Expenses
$2,677
Mortgage P&I
54%
$1,525
Property Taxes
4%
$102
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308