This property might be a fair Mid-Term investment with a projected 2.63% first-year return on $75,666 initial cash invested.
2.63%
Cash On Cash
7.81%
Cap Rate
1.2
DSCR
$3,201
Rent
$166
Cashflow
Cash Flow
$3,201 income − $3,035 expenses = $166 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,666
Downpayment
20%
$54,920
Closing costs
1%
$2,746
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,201
Total Expenses
$3,035
Mortgage P&I
47%
$1,494
Property Taxes
11%
$360
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352