This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $75,414 initial cash invested.
3.47%
Cash On Cash
8.28%
Cap Rate
1.22
DSCR
$3,129
Rent
$218
Cashflow
Cash Flow
$3,129 income − $2,911 expenses = $218 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,414
Downpayment
20%
$54,680
Closing costs
1%
$2,734
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,129
Total Expenses
$2,911
Mortgage P&I
49%
$1,544
Property Taxes
7%
$220
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344