This property might be a fair Mid-Term investment with a projected 1.34% first-year return on $77,871 initial cash invested.
1.34%
Cash On Cash
7.06%
Cap Rate
1.13
DSCR
$2,644
Rent
$87
Cashflow
Cash Flow
$2,644 income − $2,557 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,871
Downpayment
20%
$57,020
Closing costs
1%
$2,851
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,644
Total Expenses
$2,557
Mortgage P&I
56%
$1,485
Property Taxes
3%
$71
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291