This property might be a fair Mid-Term investment with a projected 3.71% first-year return on $75,645 initial cash invested.
3.71%
Cash On Cash
7.71%
Cap Rate
1.25
DSCR
$2,942
Rent
$234
Cashflow
Cash Flow
$2,942 income − $2,708 expenses = $234 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,645
Downpayment
20%
$54,900
Closing costs
1%
$2,745
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,942
Total Expenses
$2,708
Mortgage P&I
48%
$1,412
Property Taxes
7%
$199
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$353
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324