This property might be a fair Mid-Term investment with a projected 1.15% first-year return on $76,149 initial cash invested.
1.15%
Cash On Cash
7.35%
Cap Rate
1.12
DSCR
$2,664
Rent
$73
Cashflow
Cash Flow
$2,664 income − $2,591 expenses = $73 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,149
Downpayment
20%
$55,380
Closing costs
1%
$2,769
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,664
Total Expenses
$2,591
Mortgage P&I
57%
$1,516
Property Taxes
3%
$75
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293