This property might be a fair Mid-Term investment with a projected 8.88% first-year return on $77,850 initial cash invested.
8.88%
Cash On Cash
9.21%
Cap Rate
1.48
DSCR
$3,450
Rent
$576
Cashflow
Cash Flow
$3,450 income − $2,874 expenses = $576 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
6.7%
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
$3,450
Total Expenses
$2,874
Mortgage P&I
43%
$1,474
Property Taxes
4%
$126
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$380