This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $75,288 initial cash invested.
0.4%
Cash On Cash
6.84%
Cap Rate
1.1
DSCR
$2,817
Rent
$25
Cashflow
Cash Flow
$2,817 income − $2,792 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,288
Downpayment
20%
$54,560
Closing costs
1%
$2,728
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,817
Total Expenses
$2,792
Mortgage P&I
50%
$1,417
Property Taxes
11%
$300
Home Insurance
3%
$96
HOA
1%
$20
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310