This property might be a fair Mid-Term investment with a projected 1.06% first-year return on $77,829 initial cash invested.
1.06%
Cash On Cash
7.6%
Cap Rate
1.13
DSCR
$3,372
Rent
$69
Cashflow
Cash Flow
$3,372 income − $3,303 expenses = $69 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,372
Total Expenses
$3,303
Mortgage P&I
47%
$1,601
Property Taxes
13%
$454
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$405
CapEx
4%
$135
Vacancy
3%
$101
Maintenance
4%
$135
Other
11%
$371