This property might be a fair Mid-Term investment with a projected 6.78% first-year return on $77,850 initial cash invested.
6.78%
Cash On Cash
9.06%
Cap Rate
1.39
DSCR
$3,969
Rent
$440
Cashflow
Cash Flow
$3,969 income − $3,529 expenses = $440 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,969
Total Expenses
$3,529
Mortgage P&I
39%
$1,552
Property Taxes
13%
$531
Home Insurance
2%
$96
HOA
0%
$0
Property Management
12%
$476
CapEx
4%
$159
Vacancy
3%
$119
Maintenance
4%
$159
Other
11%
$437