This property might be a fair Mid-Term investment with a projected 5.86% first-year return on $75,792 initial cash invested.
5.86%
Cash On Cash
8.45%
Cap Rate
1.35
DSCR
$3,297
Rent
$370
Cashflow
Cash Flow
$3,297 income − $2,927 expenses = $370 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,792
Downpayment
20%
$55,040
Closing costs
1%
$2,752
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,297
Total Expenses
$2,927
Mortgage P&I
44%
$1,437
Property Taxes
8%
$268
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363