This property might be a fair Mid-Term investment with a projected 1.74% first-year return on $75,330 initial cash invested.
1.74%
Cash On Cash
7.58%
Cap Rate
1.15
DSCR
$2,792
Rent
$109
Cashflow
Cash Flow
$2,792 income − $2,683 expenses = $109 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,330
Downpayment
20%
$54,600
Closing costs
1%
$2,730
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,792
Total Expenses
$2,683
Mortgage P&I
54%
$1,504
Property Taxes
5%
$133
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307