This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $75,729 initial cash invested.
1.46%
Cash On Cash
7.14%
Cap Rate
1.14
DSCR
$2,884
Rent
$92
Cashflow
Cash Flow
$2,884 income − $2,792 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,884
Total Expenses
$2,792
Mortgage P&I
50%
$1,428
Property Taxes
7%
$198
Home Insurance
3%
$96
HOA
3%
$90
Property Management
12%
$346
CapEx
4%
$115
Vacancy
3%
$87
Maintenance
4%
$115
Other
11%
$317