This property might be a fair Mid-Term investment with a projected 3.97% first-year return on $76,800 initial cash invested.
3.97%
Cash On Cash
8.19%
Cap Rate
1.25
DSCR
$3,046
Rent
$254
Cashflow
Cash Flow
$3,046 income − $2,792 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,046
Total Expenses
$2,792
Mortgage P&I
50%
$1,534
Property Taxes
3%
$102
Home Insurance
3%
$99
HOA
1%
$21
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335