This property might be a fair Mid-Term investment with a projected 7.75% first-year return on $76,065 initial cash invested.
7.75%
Cash On Cash
9.33%
Cap Rate
1.41
DSCR
$3,484
Rent
$491
Cashflow
Cash Flow
$3,484 income − $2,993 expenses = $491 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,065
Downpayment
20%
$55,300
Closing costs
1%
$2,765
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,484
Total Expenses
$2,993
Mortgage P&I
44%
$1,519
Property Taxes
5%
$176
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$418
CapEx
4%
$139
Vacancy
3%
$105
Maintenance
4%
$139
Other
11%
$383