This property might be a fair Mid-Term investment with a projected 5.87% first-year return on $75,015 initial cash invested.
5.87%
Cash On Cash
8.53%
Cap Rate
1.34
DSCR
$3,178
Rent
$367
Cashflow
Cash Flow
$3,178 income − $2,811 expenses = $367 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,015
Downpayment
20%
$54,300
Closing costs
1%
$2,715
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,178
Total Expenses
$2,811
Mortgage P&I
45%
$1,436
Property Taxes
6%
$197
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350