This property might be a fair Mid-Term investment with a projected 2.84% first-year return on $75,750 initial cash invested.
2.84%
Cash On Cash
7.85%
Cap Rate
1.2
DSCR
$3,118
Rent
$179
Cashflow
Cash Flow
$3,118 income − $2,939 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.2%
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
$3,118
Total Expenses
$2,939
Mortgage P&I
48%
$1,494
Property Taxes
9%
$288
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343