This property might be a fair Mid-Term investment with a projected 3.84% first-year return on $77,850 initial cash invested.
3.84%
Cash On Cash
7.79%
Cap Rate
1.26
DSCR
$3,176
Rent
$249
Cashflow
Cash Flow
$3,176 income − $2,927 expenses = $249 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
$3,176
Total Expenses
$2,927
Mortgage P&I
46%
$1,473
Property Taxes
8%
$247
Home Insurance
3%
$100
HOA
1%
$28
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349