This property might be a fair Mid-Term investment with a projected 0.79% first-year return on $77,850 initial cash invested.
0.79%
Cash On Cash
7.05%
Cap Rate
1.11
DSCR
$2,992
Rent
$51
Cashflow
Cash Flow
$2,992 income − $2,941 expenses = $51 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.9%
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
$2,992
Total Expenses
$2,941
Mortgage P&I
50%
$1,503
Property Taxes
11%
$320
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329