This property might be a fair Mid-Term investment with a projected 0.82% first-year return on $77,136 initial cash invested.
0.82%
Cash On Cash
7.33%
Cap Rate
1.1
DSCR
$2,760
Rent
$53
Cashflow
Cash Flow
$2,760 income − $2,707 expenses = $53 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,136
Downpayment
20%
$56,320
Closing costs
1%
$2,816
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,760
Total Expenses
$2,707
Mortgage P&I
56%
$1,557
Property Taxes
4%
$111
Home Insurance
4%
$101
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$304