This property might be a fair Mid-Term investment with a projected 4.31% first-year return on $76,884 initial cash invested.
4.31%
Cash On Cash
8.49%
Cap Rate
1.27
DSCR
$3,489
Rent
$276
Cashflow
Cash Flow
$3,489 income − $3,213 expenses = $276 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,884
Downpayment
20%
$56,080
Closing costs
1%
$2,804
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,489
Total Expenses
$3,213
Mortgage P&I
45%
$1,568
Property Taxes
10%
$357
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384