This property might be a fair Mid-Term investment with a projected 4.99% first-year return on $77,430 initial cash invested.
4.99%
Cash On Cash
8.33%
Cap Rate
1.29
DSCR
$3,048
Rent
$322
Cashflow
Cash Flow
$3,048 income − $2,726 expenses = $322 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,430
Downpayment
20%
$56,600
Closing costs
1%
$2,830
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,048
Total Expenses
$2,726
Mortgage P&I
50%
$1,520
Property Taxes
2%
$67
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335