This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $77,829 initial cash invested.
2.53%
Cash On Cash
7.61%
Cap Rate
1.18
DSCR
$2,823
Rent
$164
Cashflow
Cash Flow
$2,823 income − $2,659 expenses = $164 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,829
Downpayment
20%
$56,980
Closing costs
1%
$2,849
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,823
Total Expenses
$2,659
Mortgage P&I
54%
$1,530
Property Taxes
2%
$68
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311