This property might be a fair Mid-Term investment with a projected 3.44% first-year return on $75,708 initial cash invested.
3.44%
Cash On Cash
7.54%
Cap Rate
1.23
DSCR
$2,763
Rent
$217
Cashflow
Cash Flow
$2,763 income − $2,546 expenses = $217 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,708
Downpayment
20%
$54,960
Closing costs
1%
$2,748
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,763
Total Expenses
$2,546
Mortgage P&I
51%
$1,398
Property Taxes
4%
$105
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304