This property might be a fair Mid-Term investment with a projected 9.57% first-year return on $77,850 initial cash invested.
9.57%
Cash On Cash
9.28%
Cap Rate
1.53
DSCR
$3,534
Rent
$621
Cashflow
Cash Flow
$3,534 income − $2,913 expenses = $621 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
$3,534
Total Expenses
$2,913
Mortgage P&I
41%
$1,441
Property Taxes
5%
$171
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389