This property might be a fair Mid-Term investment with a projected 7.19% first-year return on $77,094 initial cash invested.
7.19%
Cash On Cash
8.61%
Cap Rate
1.41
DSCR
$3,093
Rent
$462
Cashflow
Cash Flow
$3,093 income − $2,631 expenses = $462 cash flow
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,094
Downpayment
20%
$56,280
Closing costs
1%
$2,814
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,093
Total Expenses
$2,631
Mortgage P&I
46%
$1,434
Property Taxes
1%
$45
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340