This property might be a fair Mid-Term investment with a projected 1.48% first-year return on $77,913 initial cash invested.
1.48%
Cash On Cash
7.47%
Cap Rate
1.14
DSCR
$3,016
Rent
$96
Cashflow
Cash Flow
$3,016 income − $2,920 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,913
Downpayment
20%
$57,060
Closing costs
1%
$2,853
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,016
Total Expenses
$2,920
Mortgage P&I
52%
$1,559
Property Taxes
7%
$213
Home Insurance
3%
$105
HOA
1%
$17
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332