This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $78,186 initial cash invested.
1.63%
Cash On Cash
7.34%
Cap Rate
1.15
DSCR
$2,910
Rent
$106
Cashflow
Cash Flow
$2,910 income − $2,804 expenses = $106 cash flow
Investment Breakdown
|
Purchase Price
$287k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,186
Downpayment
20%
$57,320
Closing costs
1%
$2,866
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,910
Total Expenses
$2,804
Mortgage P&I
53%
$1,530
Property Taxes
6%
$183
Home Insurance
4%
$103
HOA
0%
$0
Property Management
12%
$349
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$320