This property might be a fair Mid-Term investment with a projected 0.92% first-year return on $77,283 initial cash invested.
0.92%
Cash On Cash
7.38%
Cap Rate
1.11
DSCR
$2,752
Rent
$59
Cashflow
Cash Flow
$2,752 income − $2,693 expenses = $59 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,283
Downpayment
20%
$56,460
Closing costs
1%
$2,823
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,752
Total Expenses
$2,693
Mortgage P&I
57%
$1,567
Property Taxes
3%
$90
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303