This property might be a fair Mid-Term investment with a projected 4.64% first-year return on $75,750 initial cash invested.
4.64%
Cash On Cash
8.4%
Cap Rate
1.28
DSCR
$3,104
Rent
$293
Cashflow
Cash Flow
$3,104 income − $2,811 expenses = $293 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
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
$3,104
Total Expenses
$2,811
Mortgage P&I
49%
$1,509
Property Taxes
5%
$152
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341