This property might be a fair Mid-Term investment with a projected 1.03% first-year return on $75,729 initial cash invested.
1.03%
Cash On Cash
7.15%
Cap Rate
1.12
DSCR
$2,762
Rent
$65
Cashflow
Cash Flow
$2,762 income − $2,697 expenses = $65 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.0%
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
$2,762
Total Expenses
$2,697
Mortgage P&I
53%
$1,463
Property Taxes
7%
$200
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$304