This property might be a fair Mid-Term investment with a projected 2.67% first-year return on $76,086 initial cash invested.
2.67%
Cash On Cash
7.86%
Cap Rate
1.19
DSCR
$2,922
Rent
$169
Cashflow
Cash Flow
$2,922 income − $2,753 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,086
Downpayment
20%
$55,320
Closing costs
1%
$2,766
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,922
Total Expenses
$2,753
Mortgage P&I
52%
$1,525
Property Taxes
5%
$134
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321