This property might be a fair Mid-Term investment with a projected 0.4% first-year return on $74,679 initial cash invested.
0.4%
Cash On Cash
6.77%
Cap Rate
1.11
DSCR
$3,075
Rent
$25
Cashflow
Cash Flow
$3,075 income − $3,050 expenses = $25 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,075
Total Expenses
$3,050
Mortgage P&I
45%
$1,375
Property Taxes
16%
$482
Home Insurance
3%
$94
HOA
2%
$54
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338