This property might be a fair Mid-Term investment with a projected 1.96% first-year return on $77,010 initial cash invested.
1.96%
Cash On Cash
7.61%
Cap Rate
1.16
DSCR
$3,048
Rent
$126
Cashflow
Cash Flow
$3,048 income − $2,922 expenses = $126 cash flow
Investment Breakdown
|
Purchase Price
$281k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,010
Downpayment
20%
$56,200
Closing costs
1%
$2,810
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,048
Total Expenses
$2,922
Mortgage P&I
50%
$1,533
Property Taxes
8%
$253
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335