This property might be a fair Mid-Term investment with a projected 3.29% first-year return on $75,225 initial cash invested.
3.29%
Cash On Cash
7.98%
Cap Rate
1.22
DSCR
$2,948
Rent
$206
Cashflow
Cash Flow
$2,948 income − $2,742 expenses = $206 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,225
Downpayment
20%
$54,500
Closing costs
1%
$2,725
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,948
Total Expenses
$2,742
Mortgage P&I
50%
$1,487
Property Taxes
5%
$157
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324