This property might be a fair Mid-Term investment with a projected 0.91% first-year return on $77,430 initial cash invested.
0.91%
Cash On Cash
7.52%
Cap Rate
1.11
DSCR
$3,081
Rent
$59
Cashflow
Cash Flow
$3,081 income − $3,022 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,430
Downpayment
20%
$56,600
Closing costs
1%
$2,830
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,081
Total Expenses
$3,022
Mortgage P&I
52%
$1,591
Property Taxes
9%
$284
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339