This property might be a fair Mid-Term investment with a projected 3.54% first-year return on $77,682 initial cash invested.
3.54%
Cash On Cash
8.02%
Cap Rate
1.24
DSCR
$3,596
Rent
$229
Cashflow
Cash Flow
$3,596 income − $3,367 expenses = $229 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,682
Downpayment
20%
$56,840
Closing costs
1%
$2,842
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,596
Total Expenses
$3,367
Mortgage P&I
42%
$1,527
Property Taxes
14%
$500
Home Insurance
3%
$116
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396