This property might be a fair Mid-Term investment with a projected 3.62% first-year return on $77,829 initial cash invested.
3.62%
Cash On Cash
8%
Cap Rate
1.25
DSCR
$3,466
Rent
$235
Cashflow
Cash Flow
$3,466 income − $3,231 expenses = $235 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
$3,466
Total Expenses
$3,231
Mortgage P&I
44%
$1,526
Property Taxes
12%
$426
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381