This property might be a fair Mid-Term investment with a projected 5% first-year return on $75,141 initial cash invested.
5%
Cash On Cash
8.1%
Cap Rate
1.31
DSCR
$2,925
Rent
$313
Cashflow
Cash Flow
$2,925 income − $2,612 expenses = $313 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,141
Downpayment
20%
$54,420
Closing costs
1%
$2,721
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,925
Total Expenses
$2,612
Mortgage P&I
48%
$1,406
Property Taxes
4%
$117
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322