This property might be a fair Mid-Term investment with a projected 7.79% first-year return on $78,102 initial cash invested.
7.79%
Cash On Cash
9.43%
Cap Rate
1.43
DSCR
$4,143
Rent
$507
Cashflow
Cash Flow
$4,143 income − $3,636 expenses = $507 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,102
Downpayment
20%
$57,240
Closing costs
1%
$2,862
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,143
Total Expenses
$3,636
Mortgage P&I
38%
$1,575
Property Taxes
13%
$550
Home Insurance
2%
$102
HOA
0%
$0
Property Management
12%
$497
CapEx
4%
$166
Vacancy
3%
$124
Maintenance
4%
$166
Other
11%
$456