This property might be a fair Mid-Term investment with a projected 1.02% first-year return on $75,078 initial cash invested.
1.02%
Cash On Cash
6.91%
Cap Rate
1.12
DSCR
$2,602
Rent
$64
Cashflow
Cash Flow
$2,602 income − $2,538 expenses = $64 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,078
Downpayment
20%
$54,360
Closing costs
1%
$2,718
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,602
Total Expenses
$2,538
Mortgage P&I
54%
$1,396
Property Taxes
6%
$167
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286