This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $76,590 initial cash invested.
1.3%
Cash On Cash
7.48%
Cap Rate
1.14
DSCR
$3,226
Rent
$83
Cashflow
Cash Flow
$3,226 income − $3,143 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,226
Total Expenses
$3,143
Mortgage P&I
47%
$1,526
Property Taxes
13%
$422
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355