This property might be a fair Mid-Term investment with a projected 5.6% first-year return on $76,275 initial cash invested.
5.6%
Cash On Cash
8.64%
Cap Rate
1.31
DSCR
$3,056
Rent
$356
Cashflow
Cash Flow
$3,056 income − $2,700 expenses = $356 cash flow
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,275
Downpayment
20%
$55,500
Closing costs
1%
$2,775
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,056
Total Expenses
$2,700
Mortgage P&I
50%
$1,520
Property Taxes
1%
$41
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336