This property might be a fair Mid-Term investment with a projected 0.65% first-year return on $75,204 initial cash invested.
0.65%
Cash On Cash
7.32%
Cap Rate
1.1
DSCR
$2,812
Rent
$41
Cashflow
Cash Flow
$2,812 income − $2,771 expenses = $41 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,204
Downpayment
20%
$54,480
Closing costs
1%
$2,724
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,812
Total Expenses
$2,771
Mortgage P&I
54%
$1,508
Property Taxes
6%
$178
Home Insurance
3%
$96
HOA
1%
$35
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309