This property might be a fair Mid-Term investment with a projected 6.81% first-year return on $75,729 initial cash invested.
6.81%
Cash On Cash
8.94%
Cap Rate
1.38
DSCR
$3,478
Rent
$430
Cashflow
Cash Flow
$3,478 income − $3,048 expenses = $430 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,478
Total Expenses
$3,048
Mortgage P&I
43%
$1,479
Property Taxes
8%
$291
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383