This property might be a fair Mid-Term investment with a projected 6.18% first-year return on $77,283 initial cash invested.
6.18%
Cash On Cash
8.54%
Cap Rate
1.36
DSCR
$3,333
Rent
$398
Cashflow
Cash Flow
$3,333 income − $2,935 expenses = $398 cash flow
Investment Breakdown
|
Purchase Price
$282k
Downpayment
20.0%
Interest Rate
6.8%
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
$3,333
Total Expenses
$2,935
Mortgage P&I
44%
$1,479
Property Taxes
7%
$221
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367