This property might be a fair Mid-Term investment with a projected 1.74% first-year return on $78,018 initial cash invested.
1.74%
Cash On Cash
7.49%
Cap Rate
1.15
DSCR
$3,010
Rent
$113
Cashflow
Cash Flow
$3,010 income − $2,897 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,018
Downpayment
20%
$57,160
Closing costs
1%
$2,858
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,010
Total Expenses
$2,897
Mortgage P&I
52%
$1,550
Property Taxes
7%
$196
Home Insurance
3%
$104
HOA
1%
$25
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331