This property might be a fair Mid-Term investment with a projected 0.96% first-year return on $77,451 initial cash invested.
0.96%
Cash On Cash
7.29%
Cap Rate
1.13
DSCR
$3,268
Rent
$62
Cashflow
Cash Flow
$3,268 income − $3,206 expenses = $62 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,268
Total Expenses
$3,206
Mortgage P&I
47%
$1,528
Property Taxes
15%
$497
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359