This property might be a fair Mid-Term investment with a projected 0.8% first-year return on $77,850 initial cash invested.
0.8%
Cash On Cash
6.74%
Cap Rate
1.11
DSCR
$2,712
Rent
$52
Cashflow
Cash Flow
$2,712 income − $2,660 expenses = $52 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
$2,712
Total Expenses
$2,660
Mortgage P&I
53%
$1,440
Property Taxes
7%
$200
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298