This property might be a fair Mid-Term investment with a projected 3.15% first-year return on $75,729 initial cash invested.
3.15%
Cash On Cash
8.17%
Cap Rate
1.21
DSCR
$3,304
Rent
$199
Cashflow
Cash Flow
$3,304 income − $3,105 expenses = $199 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,304
Total Expenses
$3,105
Mortgage P&I
47%
$1,541
Property Taxes
9%
$286
Home Insurance
3%
$96
HOA
2%
$60
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363