This property might be a fair Long-Term investment with a projected 3.43% first-year return on $57,666 initial cash invested.
3.43%
Cash On Cash
7.87%
Cap Rate
1.2
DSCR
$2,667
Rent
$165
Cashflow
Cash Flow
$2,667 income − $2,502 expenses = $165 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$57,666
Downpayment
20%
$54,920
Closing costs
1%
$2,746
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,667
Total Expenses
$2,502
Mortgage P&I
56%
$1,503
Property Taxes
8%
$222
Home Insurance
3%
$84
HOA
0%
$0
Property Management
10%
$267
CapEx
5%
$133
Vacancy
6%
$160
Maintenance
5%
$133
Other
0%
$0