This property might be a fair Mid-Term investment with a projected 1.48% first-year return on $78,501 initial cash invested.
1.48%
Cash On Cash
7%
Cap Rate
1.15
DSCR
$3,058
Rent
$97
Cashflow
Cash Flow
$3,058 income − $2,961 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,501
Downpayment
20%
$57,620
Closing costs
1%
$2,881
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,058
Total Expenses
$2,961
Mortgage P&I
48%
$1,462
Property Taxes
12%
$358
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336