This property might be a fair Mid-Term investment with a projected 2.73% first-year return on $75,162 initial cash invested.
2.73%
Cash On Cash
7.99%
Cap Rate
1.19
DSCR
$2,960
Rent
$171
Cashflow
Cash Flow
$2,960 income − $2,789 expenses = $171 cash flow
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,162
Downpayment
20%
$54,440
Closing costs
1%
$2,722
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,960
Total Expenses
$2,789
Mortgage P&I
51%
$1,523
Property Taxes
5%
$162
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326