This property might be a fair Mid-Term investment with a projected 1.7% first-year return on $76,044 initial cash invested.
1.7%
Cash On Cash
7.52%
Cap Rate
1.15
DSCR
$2,876
Rent
$108
Cashflow
Cash Flow
$2,876 income − $2,768 expenses = $108 cash flow
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,044
Downpayment
20%
$55,280
Closing costs
1%
$2,764
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,876
Total Expenses
$2,768
Mortgage P&I
52%
$1,508
Property Taxes
5%
$136
Home Insurance
3%
$98
HOA
2%
$49
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316