This property might be a fair Mid-Term investment with a projected 0.88% first-year return on $75,015 initial cash invested.
0.88%
Cash On Cash
6.98%
Cap Rate
1.11
DSCR
$2,572
Rent
$55
Cashflow
Cash Flow
$2,572 income − $2,517 expenses = $55 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,572
Total Expenses
$2,517
Mortgage P&I
55%
$1,422
Property Taxes
5%
$125
Home Insurance
4%
$95
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283