This property might be a fair Mid-Term investment with a projected 4.39% first-year return on $77,850 initial cash invested.
4.39%
Cash On Cash
8.24%
Cap Rate
1.26
DSCR
$3,062
Rent
$285
Cashflow
Cash Flow
$3,062 income − $2,777 expenses = $285 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
$3,062
Total Expenses
$2,777
Mortgage P&I
51%
$1,549
Property Taxes
3%
$88
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$337