This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $75,750 initial cash invested.
2.04%
Cash On Cash
7.34%
Cap Rate
1.17
DSCR
$2,826
Rent
$129
Cashflow
Cash Flow
$2,826 income − $2,697 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,826
Total Expenses
$2,697
Mortgage P&I
51%
$1,439
Property Taxes
7%
$201
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311