This property might be a fair Mid-Term investment with a projected 1.57% first-year return on $75,540 initial cash invested.
1.57%
Cash On Cash
7.6%
Cap Rate
1.14
DSCR
$2,994
Rent
$99
Cashflow
Cash Flow
$2,994 income − $2,895 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,994
Total Expenses
$2,895
Mortgage P&I
51%
$1,517
Property Taxes
9%
$264
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329