This property might be a fair Mid-Term investment with a projected 0.85% first-year return on $76,023 initial cash invested.
0.85%
Cash On Cash
7.12%
Cap Rate
1.12
DSCR
$2,928
Rent
$54
Cashflow
Cash Flow
$2,928 income − $2,874 expenses = $54 cash flow
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,023
Downpayment
20%
$55,260
Closing costs
1%
$2,763
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,928
Total Expenses
$2,874
Mortgage P&I
50%
$1,468
Property Taxes
10%
$299
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322