This property might be a fair Mid-Term investment with a projected 0.28% first-year return on $77,850 initial cash invested.
0.28%
Cash On Cash
6.68%
Cap Rate
1.09
DSCR
$2,798
Rent
$18
Cashflow
Cash Flow
$2,798 income − $2,780 expenses = $18 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,798
Total Expenses
$2,780
Mortgage P&I
52%
$1,456
Property Taxes
10%
$272
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308