This property might be a fair Mid-Term investment with a projected 1.18% first-year return on $78,249 initial cash invested.
1.18%
Cash On Cash
7.52%
Cap Rate
1.13
DSCR
$3,177
Rent
$77
Cashflow
Cash Flow
$3,177 income − $3,100 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,249
Downpayment
20%
$57,380
Closing costs
1%
$2,869
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$3,100
Mortgage P&I
50%
$1,595
Property Taxes
10%
$323
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349