This property might be a fair Mid-Term investment with a projected 7.51% first-year return on $75,057 initial cash invested.
7.51%
Cash On Cash
9.24%
Cap Rate
1.41
DSCR
$3,350
Rent
$470
Cashflow
Cash Flow
$3,350 income − $2,880 expenses = $470 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,057
Downpayment
20%
$54,340
Closing costs
1%
$2,717
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,350
Total Expenses
$2,880
Mortgage P&I
44%
$1,488
Property Taxes
4%
$146
Home Insurance
3%
$100
HOA
0%
$8
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368