This property might be a fair Mid-Term investment with a projected 0.16% first-year return on $76,380 initial cash invested.
0.16%
Cash On Cash
7.18%
Cap Rate
1.09
DSCR
$3,118
Rent
$10
Cashflow
Cash Flow
$3,118 income − $3,108 expenses = $10 cash flow
Investment Breakdown
|
Purchase Price
$278k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,380
Downpayment
20%
$55,600
Closing costs
1%
$2,780
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,118
Total Expenses
$3,108
Mortgage P&I
49%
$1,528
Property Taxes
14%
$422
Home Insurance
3%
$97
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343