This property might be a fair Mid-Term investment with a projected 8.74% first-year return on $78,375 initial cash invested.
8.74%
Cash On Cash
9.39%
Cap Rate
1.47
DSCR
$3,574
Rent
$571
Cashflow
Cash Flow
$3,574 income − $3,003 expenses = $571 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,375
Downpayment
20%
$57,500
Closing costs
1%
$2,875
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,574
Total Expenses
$3,003
Mortgage P&I
43%
$1,535
Property Taxes
4%
$137
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393