This property might be a fair Mid-Term investment with a projected 9.93% first-year return on $77,976 initial cash invested.
9.93%
Cash On Cash
10.02%
Cap Rate
1.51
DSCR
$3,922
Rent
$645
Cashflow
Cash Flow
$3,922 income − $3,277 expenses = $645 cash flow
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,976
Downpayment
20%
$57,120
Closing costs
1%
$2,856
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,922
Total Expenses
$3,277
Mortgage P&I
40%
$1,583
Property Taxes
7%
$258
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$471
CapEx
4%
$157
Vacancy
3%
$118
Maintenance
4%
$157
Other
11%
$431