This property might be a fair Mid-Term investment with a projected 4.28% first-year return on $75,750 initial cash invested.
4.28%
Cash On Cash
8.27%
Cap Rate
1.27
DSCR
$3,418
Rent
$270
Cashflow
Cash Flow
$3,418 income − $3,148 expenses = $270 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,418
Total Expenses
$3,148
Mortgage P&I
44%
$1,489
Property Taxes
12%
$400
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$376