This property might be a fair Mid-Term investment with a projected 4.24% first-year return on $77,241 initial cash invested.
4.24%
Cash On Cash
8.32%
Cap Rate
1.25
DSCR
$3,038
Rent
$273
Cashflow
Cash Flow
$3,038 income − $2,765 expenses = $273 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,241
Downpayment
20%
$56,420
Closing costs
1%
$2,821
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,038
Total Expenses
$2,765
Mortgage P&I
51%
$1,560
Property Taxes
2%
$69
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$334