This property might be a fair Mid-Term investment with a projected 5.26% first-year return on $77,984 initial cash invested.
5.26%
Cash On Cash
8.12%
Cap Rate
1.33
DSCR
$3,500
Rent
$342
Cashflow
Cash Flow
$3,500 income − $3,158 expenses = $342 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,984
Downpayment
20%
$57,128
Closing costs
1%
$2,856
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,500
Total Expenses
$3,158
Mortgage P&I
41%
$1,451
Property Taxes
12%
$417
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385