This property might be a fair Mid-Term investment with a projected 4.98% first-year return on $77,346 initial cash invested.
4.98%
Cash On Cash
8.2%
Cap Rate
1.31
DSCR
$3,267
Rent
$321
Cashflow
Cash Flow
$3,267 income − $2,946 expenses = $321 cash flow
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,346
Downpayment
20%
$56,520
Closing costs
1%
$2,826
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,267
Total Expenses
$2,946
Mortgage P&I
45%
$1,478
Property Taxes
10%
$315
Home Insurance
1%
$42
HOA
0%
$0
Property Management
12%
$392
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$359