This property might be a fair Mid-Term investment with a projected 6.29% first-year return on $77,808 initial cash invested.
6.29%
Cash On Cash
8.37%
Cap Rate
1.37
DSCR
$3,174
Rent
$408
Cashflow
Cash Flow
$3,174 income − $2,766 expenses = $408 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,808
Downpayment
20%
$56,960
Closing costs
1%
$2,848
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,174
Total Expenses
$2,766
Mortgage P&I
46%
$1,451
Property Taxes
3%
$108
Home Insurance
4%
$128
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349