This property might be a fair Mid-Term investment with a projected 1.92% first-year return on $75,750 initial cash invested.
1.92%
Cash On Cash
7.55%
Cap Rate
1.16
DSCR
$2,828
Rent
$121
Cashflow
Cash Flow
$2,828 income − $2,707 expenses = $121 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,828
Total Expenses
$2,707
Mortgage P&I
53%
$1,497
Property Taxes
5%
$132
Home Insurance
3%
$96
HOA
1%
$21
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311