This property might be a fair Mid-Term investment with a projected 3.15% first-year return on $75,813 initial cash invested.
3.15%
Cash On Cash
7.99%
Cap Rate
1.23
DSCR
$3,693
Rent
$199
Cashflow
Cash Flow
$3,693 income − $3,494 expenses = $199 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,813
Downpayment
20%
$55,060
Closing costs
1%
$2,753
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,693
Total Expenses
$3,494
Mortgage P&I
40%
$1,485
Property Taxes
18%
$669
Home Insurance
2%
$84
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406