This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $76,548 initial cash invested.
0.96%
Cash On Cash
7.16%
Cap Rate
1.12
DSCR
$2,979
Rent
$61
Cashflow
Cash Flow
$2,979 income − $2,918 expenses = $61 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,548
Downpayment
20%
$55,760
Closing costs
1%
$2,788
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,979
Total Expenses
$2,918
Mortgage P&I
50%
$1,484
Property Taxes
10%
$312
Home Insurance
3%
$100
HOA
0%
$10
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$328