This property might be a fair Mid-Term investment with a projected 1.85% first-year return on $75,372 initial cash invested.
1.85%
Cash On Cash
7.69%
Cap Rate
1.16
DSCR
$2,986
Rent
$116
Cashflow
Cash Flow
$2,986 income − $2,870 expenses = $116 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,372
Downpayment
20%
$54,640
Closing costs
1%
$2,732
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,986
Total Expenses
$2,870
Mortgage P&I
51%
$1,516
Property Taxes
8%
$228
Home Insurance
4%
$112
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$90
Maintenance
4%
$119
Other
11%
$328