This property might be a fair Mid-Term investment with a projected 4.26% first-year return on $77,745 initial cash invested.
4.26%
Cash On Cash
8.31%
Cap Rate
1.27
DSCR
$3,591
Rent
$276
Cashflow
Cash Flow
$3,591 income − $3,315 expenses = $276 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,745
Downpayment
20%
$56,900
Closing costs
1%
$2,845
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,591
Total Expenses
$3,315
Mortgage P&I
43%
$1,549
Property Taxes
12%
$439
Home Insurance
3%
$105
HOA
0%
$0
Property Management
12%
$431
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$395