This property might be a fair Mid-Term investment with a projected 4.84% first-year return on $76,170 initial cash invested.
4.84%
Cash On Cash
7.94%
Cap Rate
1.29
DSCR
$2,760
Rent
$307
Cashflow
Cash Flow
$2,760 income − $2,453 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,170
Downpayment
20%
$55,400
Closing costs
1%
$2,770
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,760
Total Expenses
$2,453
Mortgage P&I
51%
$1,416
Property Taxes
0%
$1
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$304