This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $77,556 initial cash invested.
1.84%
Cash On Cash
7.68%
Cap Rate
1.16
DSCR
$3,332
Rent
$119
Cashflow
Cash Flow
$3,332 income − $3,213 expenses = $119 cash flow
Investment Breakdown
|
Purchase Price
$284k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,556
Downpayment
20%
$56,720
Closing costs
1%
$2,836
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,332
Total Expenses
$3,213
Mortgage P&I
47%
$1,562
Property Taxes
12%
$416
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$400
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$367