This property might be a fair Mid-Term investment with a projected 0.03% first-year return on $76,863 initial cash invested.
0.03%
Cash On Cash
7.21%
Cap Rate
1.07
DSCR
$2,878
Rent
$2
Cashflow
Cash Flow
$2,878 income − $2,876 expenses = $2 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,863
Downpayment
20%
$56,060
Closing costs
1%
$2,803
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,878
Total Expenses
$2,876
Mortgage P&I
54%
$1,567
Property Taxes
8%
$231
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$317