This property might be a fair Mid-Term investment with a projected 3.53% first-year return on $77,493 initial cash invested.
3.53%
Cash On Cash
8.12%
Cap Rate
1.23
DSCR
$3,188
Rent
$228
Cashflow
Cash Flow
$3,188 income − $2,960 expenses = $228 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,493
Downpayment
20%
$56,660
Closing costs
1%
$2,833
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,188
Total Expenses
$2,960
Mortgage P&I
49%
$1,561
Property Taxes
7%
$215
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351