This property might be a fair Mid-Term investment with a projected 1.05% first-year return on $75,435 initial cash invested.
1.05%
Cash On Cash
7.12%
Cap Rate
1.12
DSCR
$2,770
Rent
$66
Cashflow
Cash Flow
$2,770 income − $2,704 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,435
Downpayment
20%
$54,700
Closing costs
1%
$2,735
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,770
Total Expenses
$2,704
Mortgage P&I
52%
$1,446
Property Taxes
8%
$218
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305