This property might be a fair Mid-Term investment with a projected 1.63% first-year return on $76,779 initial cash invested.
1.63%
Cash On Cash
7.59%
Cap Rate
1.15
DSCR
$3,022
Rent
$104
Cashflow
Cash Flow
$3,022 income − $2,918 expenses = $104 cash flow
Investment Breakdown
|
Purchase Price
$280k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,779
Downpayment
20%
$55,980
Closing costs
1%
$2,799
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,022
Total Expenses
$2,918
Mortgage P&I
51%
$1,545
Property Taxes
8%
$247
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332