This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $77,451 initial cash invested.
0.91%
Cash On Cash
7.29%
Cap Rate
1.12
DSCR
$3,050
Rent
$59
Cashflow
Cash Flow
$3,050 income − $2,991 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,451
Downpayment
20%
$56,620
Closing costs
1%
$2,831
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,050
Total Expenses
$2,991
Mortgage P&I
50%
$1,539
Property Taxes
10%
$292
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336