This property might be a fair Mid-Term investment with a projected 6.19% first-year return on $75,225 initial cash invested.
6.19%
Cash On Cash
8.92%
Cap Rate
1.34
DSCR
$3,236
Rent
$388
Cashflow
Cash Flow
$3,236 income − $2,848 expenses = $388 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,225
Downpayment
20%
$54,500
Closing costs
1%
$2,725
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,236
Total Expenses
$2,848
Mortgage P&I
47%
$1,509
Property Taxes
4%
$142
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$388
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$356