This property might be a fair Mid-Term investment with a projected 5.88% first-year return on $75,540 initial cash invested.
5.88%
Cash On Cash
8.8%
Cap Rate
1.33
DSCR
$3,195
Rent
$370
Cashflow
Cash Flow
$3,195 income − $2,825 expenses = $370 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
$3,195
Total Expenses
$2,825
Mortgage P&I
47%
$1,512
Property Taxes
4%
$131
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351