This property might be a fair Mid-Term investment with a projected 2.08% first-year return on $78,522 initial cash invested.
2.08%
Cash On Cash
7.2%
Cap Rate
1.18
DSCR
$3,048
Rent
$136
Cashflow
Cash Flow
$3,048 income − $2,912 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,522
Downpayment
20%
$57,640
Closing costs
1%
$2,882
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,048
Total Expenses
$2,912
Mortgage P&I
48%
$1,472
Property Taxes
10%
$310
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335