This property might be a fair Mid-Term investment with a projected 4.44% first-year return on $75,918 initial cash invested.
4.44%
Cash On Cash
8.21%
Cap Rate
1.27
DSCR
$2,973
Rent
$281
Cashflow
Cash Flow
$2,973 income − $2,692 expenses = $281 cash flow
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,918
Downpayment
20%
$55,160
Closing costs
1%
$2,758
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,973
Total Expenses
$2,692
Mortgage P&I
50%
$1,488
Property Taxes
3%
$93
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327