This property might be a fair Mid-Term investment with a projected 2.28% first-year return on $78,270 initial cash invested.
2.28%
Cash On Cash
7.87%
Cap Rate
1.17
DSCR
$3,062
Rent
$149
Cashflow
Cash Flow
$3,062 income − $2,913 expenses = $149 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,270
Downpayment
20%
$57,400
Closing costs
1%
$2,870
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,062
Total Expenses
$2,913
Mortgage P&I
53%
$1,612
Property Taxes
5%
$139
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$337