This property might be a fair Mid-Term investment with a projected 2.44% first-year return on $76,107 initial cash invested.
2.44%
Cash On Cash
7.78%
Cap Rate
1.18
DSCR
$2,898
Rent
$155
Cashflow
Cash Flow
$2,898 income − $2,743 expenses = $155 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,107
Downpayment
20%
$55,340
Closing costs
1%
$2,767
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,898
Total Expenses
$2,743
Mortgage P&I
53%
$1,523
Property Taxes
4%
$112
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319