This property might be a fair Mid-Term investment with a projected 4.95% first-year return on $77,850 initial cash invested.
4.95%
Cash On Cash
7.95%
Cap Rate
1.31
DSCR
$3,074
Rent
$321
Cashflow
Cash Flow
$3,074 income − $2,753 expenses = $321 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.5%
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
$3,074
Total Expenses
$2,753
Mortgage P&I
47%
$1,445
Property Taxes
5%
$163
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338