This property might be a fair Mid-Term investment with a projected 4.78% first-year return on $78,060 initial cash invested.
4.78%
Cash On Cash
7.98%
Cap Rate
1.3
DSCR
$3,117
Rent
$311
Cashflow
Cash Flow
$3,117 income − $2,806 expenses = $311 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,060
Downpayment
20%
$57,200
Closing costs
1%
$2,860
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,117
Total Expenses
$2,806
Mortgage P&I
47%
$1,465
Property Taxes
6%
$180
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343