This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $75,057 initial cash invested.
1.3%
Cash On Cash
7.5%
Cap Rate
1.12
DSCR
$2,686
Rent
$81
Cashflow
Cash Flow
$2,686 income − $2,605 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,057
Downpayment
20%
$54,340
Closing costs
1%
$2,717
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,686
Total Expenses
$2,605
Mortgage P&I
56%
$1,510
Property Taxes
3%
$87
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295