This property might be a fair Mid-Term investment with a projected 1.2% first-year return on $75,981 initial cash invested.
1.2%
Cash On Cash
7.52%
Cap Rate
1.13
DSCR
$3,202
Rent
$76
Cashflow
Cash Flow
$3,202 income − $3,126 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,981
Downpayment
20%
$55,220
Closing costs
1%
$2,761
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,202
Total Expenses
$3,126
Mortgage P&I
48%
$1,527
Property Taxes
13%
$413
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352