This property might be a fair Mid-Term investment with a projected 7.97% first-year return on $75,750 initial cash invested.
7.97%
Cash On Cash
9.23%
Cap Rate
1.43
DSCR
$3,303
Rent
$503
Cashflow
Cash Flow
$3,303 income − $2,800 expenses = $503 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,303
Total Expenses
$2,800
Mortgage P&I
45%
$1,480
Property Taxes
3%
$102
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$396
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$363