This property might be a fair Mid-Term investment with a projected 1.49% first-year return on $77,556 initial cash invested.
1.49%
Cash On Cash
7.49%
Cap Rate
1.15
DSCR
$3,468
Rent
$96
Cashflow
Cash Flow
$3,468 income − $3,372 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,556
Downpayment
20%
$56,720
Closing costs
1%
$2,836
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,468
Total Expenses
$3,372
Mortgage P&I
44%
$1,534
Property Taxes
16%
$568
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381