This property might be a fair Mid-Term investment with a projected 6.86% first-year return on $75,716 initial cash invested.
6.86%
Cash On Cash
9.06%
Cap Rate
1.38
DSCR
$3,464
Rent
$433
Cashflow
Cash Flow
$3,464 income − $3,031 expenses = $433 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,716
Downpayment
20%
$54,968
Closing costs
1%
$2,748
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,464
Total Expenses
$3,031
Mortgage P&I
43%
$1,502
Property Taxes
6%
$204
Home Insurance
3%
$96
HOA
1%
$50
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381