This property might be a fair Mid-Term investment with a projected 8.77% first-year return on $78,438 initial cash invested.
8.77%
Cash On Cash
9.62%
Cap Rate
1.45
DSCR
$3,670
Rent
$573
Cashflow
Cash Flow
$3,670 income − $3,097 expenses = $573 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,438
Downpayment
20%
$57,560
Closing costs
1%
$2,878
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,670
Total Expenses
$3,097
Mortgage P&I
43%
$1,588
Property Taxes
5%
$173
Home Insurance
2%
$88
HOA
0%
$0
Property Management
12%
$440
CapEx
4%
$147
Vacancy
3%
$110
Maintenance
4%
$147
Other
11%
$404