This property might be a fair Mid-Term investment with a projected 5.93% first-year return on $77,451 initial cash invested.
5.93%
Cash On Cash
8.73%
Cap Rate
1.34
DSCR
$3,594
Rent
$383
Cashflow
Cash Flow
$3,594 income − $3,211 expenses = $383 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,451
Downpayment
20%
$56,620
Closing costs
1%
$2,831
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,594
Total Expenses
$3,211
Mortgage P&I
43%
$1,532
Property Taxes
10%
$359
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395