This property might be a fair Mid-Term investment with a projected 1.66% first-year return on $75,750 initial cash invested.
1.66%
Cash On Cash
7.64%
Cap Rate
1.15
DSCR
$3,014
Rent
$105
Cashflow
Cash Flow
$3,014 income − $2,909 expenses = $105 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,014
Total Expenses
$2,909
Mortgage P&I
51%
$1,524
Property Taxes
9%
$260
Home Insurance
3%
$96
HOA
0%
$3
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332