This property might be a fair Mid-Term investment with a projected 4.61% first-year return on $75,750 initial cash invested.
4.61%
Cash On Cash
8.38%
Cap Rate
1.27
DSCR
$2,918
Rent
$291
Cashflow
Cash Flow
$2,918 income − $2,627 expenses = $291 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
$2,918
Total Expenses
$2,627
Mortgage P&I
52%
$1,513
Property Taxes
1%
$25
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321