This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $78,459 initial cash invested.
2.88%
Cash On Cash
7.99%
Cap Rate
1.21
DSCR
$3,518
Rent
$188
Cashflow
Cash Flow
$3,518 income − $3,330 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,459
Downpayment
20%
$57,580
Closing costs
1%
$2,879
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,518
Total Expenses
$3,330
Mortgage P&I
45%
$1,587
Property Taxes
12%
$434
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$422
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$387