This property might be a fair Mid-Term investment with a projected 9.42% first-year return on $75,939 initial cash invested.
9.42%
Cash On Cash
9.37%
Cap Rate
1.53
DSCR
$3,747
Rent
$596
Cashflow
Cash Flow
$3,747 income − $3,151 expenses = $596 cash flow
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,939
Downpayment
20%
$55,180
Closing costs
1%
$2,759
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,747
Total Expenses
$3,151
Mortgage P&I
38%
$1,409
Property Taxes
10%
$370
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$112
Maintenance
4%
$150
Other
11%
$412