This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $75,267 initial cash invested.
1.31%
Cash On Cash
7.45%
Cap Rate
1.15
DSCR
$3,441
Rent
$82
Cashflow
Cash Flow
$3,441 income − $3,359 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,267
Downpayment
20%
$54,540
Closing costs
1%
$2,727
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,441
Total Expenses
$3,359
Mortgage P&I
43%
$1,472
Property Taxes
18%
$618
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$413
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379