This property might be a fair Mid-Term investment with a projected 6.34% first-year return on $78,501 initial cash invested.
6.34%
Cash On Cash
8.87%
Cap Rate
1.35
DSCR
$3,543
Rent
$415
Cashflow
Cash Flow
$3,543 income − $3,128 expenses = $415 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,501
Downpayment
20%
$57,620
Closing costs
1%
$2,881
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,543
Total Expenses
$3,128
Mortgage P&I
44%
$1,572
Property Taxes
7%
$253
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$425
CapEx
4%
$142
Vacancy
3%
$106
Maintenance
4%
$142
Other
11%
$390