This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $77,031 initial cash invested.
4.47%
Cash On Cash
8.49%
Cap Rate
1.27
DSCR
$3,318
Rent
$287
Cashflow
Cash Flow
$3,318 income − $3,031 expenses = $287 cash flow
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,031
Downpayment
20%
$56,220
Closing costs
1%
$2,811
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,318
Total Expenses
$3,031
Mortgage P&I
47%
$1,568
Property Taxes
7%
$234
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$398
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365