This property might be a fair Mid-Term investment with a projected 1.74% first-year return on $78,067 initial cash invested.
1.74%
Cash On Cash
7.49%
Cap Rate
1.15
DSCR
$2,868
Rent
$113
Cashflow
Cash Flow
$2,868 income − $2,755 expenses = $113 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,067
Downpayment
20%
$57,207
Closing costs
1%
$2,860
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,868
Total Expenses
$2,755
Mortgage P&I
54%
$1,558
Property Taxes
3%
$76
Home Insurance
3%
$100
HOA
2%
$46
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315