This property might be a fair Mid-Term investment with a projected 3.61% first-year return on $78,375 initial cash invested.
3.61%
Cash On Cash
7.92%
Cap Rate
1.24
DSCR
$3,303
Rent
$236
Cashflow
Cash Flow
$3,303 income − $3,067 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,375
Downpayment
20%
$57,500
Closing costs
1%
$2,875
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,303
Total Expenses
$3,067
Mortgage P&I
46%
$1,530
Property Taxes
10%
$314
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363