This property might be a fair Mid-Term investment with a projected 2.12% first-year return on $76,800 initial cash invested.
2.12%
Cash On Cash
7.8%
Cap Rate
1.17
DSCR
$3,249
Rent
$136
Cashflow
Cash Flow
$3,249 income − $3,113 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,800
Downpayment
20%
$56,000
Closing costs
1%
$2,800
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,249
Total Expenses
$3,113
Mortgage P&I
48%
$1,555
Property Taxes
11%
$356
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357