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
8.12%
Cap Rate
1.27
DSCR
$3,045
Rent
$285
Cashflow
Cash Flow
$3,045 income − $2,760 expenses = $285 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,045
Total Expenses
$2,760
Mortgage P&I
50%
$1,521
Property Taxes
3%
$104
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335