This property might be a fair Mid-Term investment with a projected 4.62% first-year return on $77,199 initial cash invested.
4.62%
Cash On Cash
8.41%
Cap Rate
1.27
DSCR
$3,098
Rent
$297
Cashflow
Cash Flow
$3,098 income − $2,801 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,199
Downpayment
20%
$56,380
Closing costs
1%
$2,819
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,098
Total Expenses
$2,801
Mortgage P&I
50%
$1,555
Property Taxes
3%
$93
Home Insurance
3%
$99
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341