This property might be a fair Mid-Term investment with a projected 6.46% first-year return on $78,333 initial cash invested.
6.46%
Cash On Cash
9.04%
Cap Rate
1.35
DSCR
$3,414
Rent
$422
Cashflow
Cash Flow
$3,414 income − $2,992 expenses = $422 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,333
Downpayment
20%
$57,460
Closing costs
1%
$2,873
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,414
Total Expenses
$2,992
Mortgage P&I
47%
$1,606
Property Taxes
3%
$119
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$102
Maintenance
4%
$137
Other
11%
$376