This property might be a fair Mid-Term investment with a projected 4.24% first-year return on $75,267 initial cash invested.
4.24%
Cash On Cash
8.07%
Cap Rate
1.28
DSCR
$3,288
Rent
$266
Cashflow
Cash Flow
$3,288 income − $3,022 expenses = $266 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,267
Downpayment
20%
$54,540
Closing costs
1%
$2,727
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,288
Total Expenses
$3,022
Mortgage P&I
44%
$1,437
Property Taxes
5%
$158
Home Insurance
3%
$97
HOA
6%
$210
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362