This property might be a fair Mid-Term investment with a projected 5.16% first-year return on $76,779 initial cash invested.
5.16%
Cash On Cash
8.14%
Cap Rate
1.31
DSCR
$2,910
Rent
$330
Cashflow
Cash Flow
$2,910 income − $2,580 expenses = $330 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,910
Total Expenses
$2,580
Mortgage P&I
50%
$1,453
Property Taxes
1%
$41
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$349
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$320