This property might be a fair Mid-Term investment with a projected 2.83% first-year return on $75,897 initial cash invested.
2.83%
Cash On Cash
7.74%
Cap Rate
1.22
DSCR
$3,430
Rent
$179
Cashflow
Cash Flow
$3,430 income − $3,251 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,897
Downpayment
20%
$55,140
Closing costs
1%
$2,757
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,430
Total Expenses
$3,251
Mortgage P&I
43%
$1,462
Property Taxes
15%
$525
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$377