This property might be a fair Mid-Term investment with a projected 2.57% first-year return on $78,459 initial cash invested.
2.57%
Cash On Cash
7.73%
Cap Rate
1.2
DSCR
$3,436
Rent
$168
Cashflow
Cash Flow
$3,436 income − $3,268 expenses = $168 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,436
Total Expenses
$3,268
Mortgage P&I
45%
$1,550
Property Taxes
13%
$449
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378