This property might be a fair Mid-Term investment with a projected 0.82% first-year return on $77,304 initial cash invested.
0.82%
Cash On Cash
6.77%
Cap Rate
1.11
DSCR
$2,712
Rent
$53
Cashflow
Cash Flow
$2,712 income − $2,659 expenses = $53 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,304
Downpayment
20%
$56,480
Closing costs
1%
$2,824
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,712
Total Expenses
$2,659
Mortgage P&I
53%
$1,432
Property Taxes
8%
$207
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298