This property might be a fair Mid-Term investment with a projected 0.76% first-year return on $77,850 initial cash invested.
0.76%
Cash On Cash
7.25%
Cap Rate
1.11
DSCR
$3,063
Rent
$49
Cashflow
Cash Flow
$3,063 income − $3,014 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,063
Total Expenses
$3,014
Mortgage P&I
51%
$1,550
Property Taxes
10%
$321
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337