This property might be a fair Mid-Term investment with a projected 3.11% first-year return on $76,842 initial cash invested.
3.11%
Cash On Cash
7.61%
Cap Rate
1.24
DSCR
$3,498
Rent
$199
Cashflow
Cash Flow
$3,498 income − $3,299 expenses = $199 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,842
Downpayment
20%
$56,040
Closing costs
1%
$2,802
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,498
Total Expenses
$3,299
Mortgage P&I
41%
$1,439
Property Taxes
16%
$568
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385