This property might be a fair Mid-Term investment with a projected 1.99% first-year return on $77,892 initial cash invested.
1.99%
Cash On Cash
7.43%
Cap Rate
1.17
DSCR
$3,050
Rent
$129
Cashflow
Cash Flow
$3,050 income − $2,921 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,892
Downpayment
20%
$57,040
Closing costs
1%
$2,852
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,050
Total Expenses
$2,921
Mortgage P&I
50%
$1,516
Property Taxes
9%
$267
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336