This property might be a fair Mid-Term investment with a projected 3.89% first-year return on $77,514 initial cash invested.
3.89%
Cash On Cash
8.36%
Cap Rate
1.25
DSCR
$3,602
Rent
$251
Cashflow
Cash Flow
$3,602 income − $3,351 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,514
Downpayment
20%
$56,680
Closing costs
1%
$2,834
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,602
Total Expenses
$3,351
Mortgage P&I
44%
$1,580
Property Taxes
12%
$445
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396