This property might be a fair Mid-Term investment with a projected 9.24% first-year return on $75,435 initial cash invested.
9.24%
Cash On Cash
9.37%
Cap Rate
1.51
DSCR
$3,411
Rent
$581
Cashflow
Cash Flow
$3,411 income − $2,830 expenses = $581 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,435
Downpayment
20%
$54,700
Closing costs
1%
$2,735
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,411
Total Expenses
$2,830
Mortgage P&I
42%
$1,419
Property Taxes
4%
$152
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$409
CapEx
4%
$136
Vacancy
3%
$102
Maintenance
4%
$136
Other
11%
$375