This property might be a fair Mid-Term investment with a projected 2.84% first-year return on $75,540 initial cash invested.
2.84%
Cash On Cash
7.91%
Cap Rate
1.19
DSCR
$2,853
Rent
$179
Cashflow
Cash Flow
$2,853 income − $2,674 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,853
Total Expenses
$2,674
Mortgage P&I
53%
$1,514
Property Taxes
3%
$94
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314