This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $76,170 initial cash invested.
1.31%
Cash On Cash
7.29%
Cap Rate
1.14
DSCR
$2,982
Rent
$83
Cashflow
Cash Flow
$2,982 income − $2,899 expenses = $83 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,170
Downpayment
20%
$55,400
Closing costs
1%
$2,770
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,982
Total Expenses
$2,899
Mortgage P&I
50%
$1,480
Property Taxes
10%
$287
Home Insurance
3%
$98
HOA
1%
$21
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$328