This property might be a fair Mid-Term investment with a projected 1.64% first-year return on $75,351 initial cash invested.
1.64%
Cash On Cash
7.5%
Cap Rate
1.15
DSCR
$3,015
Rent
$103
Cashflow
Cash Flow
$3,015 income − $2,912 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,351
Downpayment
20%
$54,620
Closing costs
1%
$2,731
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,015
Total Expenses
$2,912
Mortgage P&I
49%
$1,484
Property Taxes
10%
$304
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332