This property might be a fair Mid-Term investment with a projected 8.05% first-year return on $75,750 initial cash invested.
8.05%
Cash On Cash
9.06%
Cap Rate
1.44
DSCR
$3,282
Rent
$508
Cashflow
Cash Flow
$3,282 income − $2,774 expenses = $508 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,282
Total Expenses
$2,774
Mortgage P&I
44%
$1,438
Property Taxes
4%
$125
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361