This property might be a fair Mid-Term investment with a projected 2.33% first-year return on $76,380 initial cash invested.
2.33%
Cash On Cash
7.8%
Cap Rate
1.17
DSCR
$2,816
Rent
$148
Cashflow
Cash Flow
$2,816 income − $2,668 expenses = $148 cash flow
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,380
Downpayment
20%
$55,600
Closing costs
1%
$2,780
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,816
Total Expenses
$2,668
Mortgage P&I
55%
$1,546
Property Taxes
2%
$64
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$84
Maintenance
4%
$113
Other
11%
$310