This property might be a fair Mid-Term investment with a projected 1.72% first-year return on $76,149 initial cash invested.
1.72%
Cash On Cash
7.31%
Cap Rate
1.16
DSCR
$3,116
Rent
$109
Cashflow
Cash Flow
$3,116 income − $3,007 expenses = $109 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,116
Total Expenses
$3,007
Mortgage P&I
47%
$1,453
Property Taxes
13%
$396
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$93
Maintenance
4%
$125
Other
11%
$343