This property might be a fair Mid-Term investment with a projected 8.82% first-year return on $75,750 initial cash invested.
8.82%
Cash On Cash
9.63%
Cap Rate
1.46
DSCR
$3,410
Rent
$557
Cashflow
Cash Flow
$3,410 income − $2,853 expenses = $557 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,410
Total Expenses
$2,853
Mortgage P&I
44%
$1,513
Property Taxes
3%
$86
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375