This property might be a fair Mid-Term investment with a projected 1.38% first-year return on $75,750 initial cash invested.
1.38%
Cash On Cash
7.33%
Cap Rate
1.14
DSCR
$3,068
Rent
$87
Cashflow
Cash Flow
$3,068 income − $2,981 expenses = $87 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,068
Total Expenses
$2,981
Mortgage P&I
48%
$1,469
Property Taxes
12%
$373
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337