This property might be a fair Mid-Term investment with a projected 2.81% first-year return on $75,183 initial cash invested.
2.81%
Cash On Cash
8.03%
Cap Rate
1.2
DSCR
$3,236
Rent
$176
Cashflow
Cash Flow
$3,236 income − $3,060 expenses = $176 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,183
Downpayment
20%
$54,460
Closing costs
1%
$2,723
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,236
Total Expenses
$3,060
Mortgage P&I
47%
$1,518
Property Taxes
11%
$349
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356