This property might be a fair Mid-Term investment with a projected 0.73% first-year return on $75,120 initial cash invested.
0.73%
Cash On Cash
6.87%
Cap Rate
1.11
DSCR
$2,758
Rent
$46
Cashflow
Cash Flow
$2,758 income − $2,712 expenses = $46 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,120
Downpayment
20%
$54,400
Closing costs
1%
$2,720
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,758
Total Expenses
$2,712
Mortgage P&I
51%
$1,402
Property Taxes
10%
$278
Home Insurance
3%
$95
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303