This property might be a fair Mid-Term investment with a projected 6.1% first-year return on $78,312 initial cash invested.
6.1%
Cash On Cash
8.23%
Cap Rate
1.36
DSCR
$2,967
Rent
$398
Cashflow
Cash Flow
$2,967 income − $2,569 expenses = $398 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,312
Downpayment
20%
$57,440
Closing costs
1%
$2,872
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,967
Total Expenses
$2,569
Mortgage P&I
49%
$1,453
Property Taxes
0%
$4
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326