This property might be a fair Mid-Term investment with a projected 8.18% first-year return on $75,225 initial cash invested.
8.18%
Cash On Cash
9.66%
Cap Rate
1.43
DSCR
$3,694
Rent
$513
Cashflow
Cash Flow
$3,694 income − $3,181 expenses = $513 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,225
Downpayment
20%
$54,500
Closing costs
1%
$2,725
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,694
Total Expenses
$3,181
Mortgage P&I
41%
$1,532
Property Taxes
8%
$297
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406