This property might be a fair Mid-Term investment with a projected 5.57% first-year return on $75,015 initial cash invested.
5.57%
Cash On Cash
8.94%
Cap Rate
1.33
DSCR
$3,753
Rent
$348
Cashflow
Cash Flow
$3,753 income − $3,405 expenses = $348 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,015
Downpayment
20%
$54,300
Closing costs
1%
$2,715
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,753
Total Expenses
$3,405
Mortgage P&I
41%
$1,524
Property Taxes
14%
$535
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$450
CapEx
4%
$150
Vacancy
3%
$113
Maintenance
4%
$150
Other
11%
$413