This property might be a fair Mid-Term investment with a projected 2.05% first-year return on $76,590 initial cash invested.
2.05%
Cash On Cash
7.14%
Cap Rate
1.17
DSCR
$2,700
Rent
$131
Cashflow
Cash Flow
$2,700 income − $2,569 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,700
Total Expenses
$2,569
Mortgage P&I
53%
$1,420
Property Taxes
4%
$121
Home Insurance
4%
$98
HOA
0%
$12
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297