This property might be a fair Mid-Term investment with a projected 1.74% first-year return on $76,590 initial cash invested.
1.74%
Cash On Cash
7.61%
Cap Rate
1.16
DSCR
$3,466
Rent
$111
Cashflow
Cash Flow
$3,466 income − $3,355 expenses = $111 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,466
Total Expenses
$3,355
Mortgage P&I
44%
$1,519
Property Taxes
15%
$522
Home Insurance
3%
$98
HOA
1%
$37
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381