This property might be a fair Mid-Term investment with a projected 0.21% first-year return on $75,750 initial cash invested.
0.21%
Cash On Cash
7.29%
Cap Rate
1.09
DSCR
$3,057
Rent
$13
Cashflow
Cash Flow
$3,057 income − $3,044 expenses = $13 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.5%
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
$3,057
Total Expenses
$3,044
Mortgage P&I
50%
$1,535
Property Taxes
12%
$374
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336