This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $75,540 initial cash invested.
1.56%
Cash On Cash
7.23%
Cap Rate
1.17
DSCR
$3,393
Rent
$98
Cashflow
Cash Flow
$3,393 income − $3,295 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,393
Total Expenses
$3,295
Mortgage P&I
42%
$1,416
Property Taxes
13%
$440
Home Insurance
4%
$119
HOA
5%
$166
Property Management
12%
$407
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$373