This property might be a fair Mid-Term investment with a projected 5.99% first-year return on $77,178 initial cash invested.
5.99%
Cash On Cash
8.88%
Cap Rate
1.34
DSCR
$3,704
Rent
$385
Cashflow
Cash Flow
$3,704 income − $3,319 expenses = $385 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,178
Downpayment
20%
$56,360
Closing costs
1%
$2,818
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,704
Total Expenses
$3,319
Mortgage P&I
42%
$1,553
Property Taxes
11%
$410
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407