This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $77,409 initial cash invested.
1.97%
Cash On Cash
7.59%
Cap Rate
1.16
DSCR
$3,050
Rent
$127
Cashflow
Cash Flow
$3,050 income − $2,923 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,409
Downpayment
20%
$56,580
Closing costs
1%
$2,829
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,050
Total Expenses
$2,923
Mortgage P&I
51%
$1,541
Property Taxes
7%
$204
Home Insurance
5%
$140
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336