This property might be a fair Mid-Term investment with a projected 9% first-year return on $77,850 initial cash invested.
9%
Cash On Cash
9.62%
Cap Rate
1.49
DSCR
$4,158
Rent
$584
Cashflow
Cash Flow
$4,158 income − $3,574 expenses = $584 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,850
Downpayment
20%
$57,000
Closing costs
1%
$2,850
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$4,158
Total Expenses
$3,574
Mortgage P&I
37%
$1,535
Property Taxes
13%
$526
Home Insurance
2%
$100
HOA
0%
$0
Property Management
12%
$499
CapEx
4%
$166
Vacancy
3%
$125
Maintenance
4%
$166
Other
11%
$457