This property might be a fair Mid-Term investment with a projected 5.9% first-year return on $75,876 initial cash invested.
5.9%
Cash On Cash
8.47%
Cap Rate
1.35
DSCR
$3,220
Rent
$373
Cashflow
Cash Flow
$3,220 income − $2,847 expenses = $373 cash flow
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,876
Downpayment
20%
$55,120
Closing costs
1%
$2,756
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,220
Total Expenses
$2,847
Mortgage P&I
45%
$1,443
Property Taxes
6%
$209
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354