This property might be a fair Mid-Term investment with a projected 4.69% first-year return on $77,031 initial cash invested.
4.69%
Cash On Cash
8.53%
Cap Rate
1.29
DSCR
$3,742
Rent
$301
Cashflow
Cash Flow
$3,742 income − $3,441 expenses = $301 cash flow
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,031
Downpayment
20%
$56,220
Closing costs
1%
$2,811
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,742
Total Expenses
$3,441
Mortgage P&I
41%
$1,548
Property Taxes
14%
$512
Home Insurance
3%
$108
HOA
0%
$0
Property Management
12%
$449
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412