This property might be a fair Mid-Term investment with a projected 7.59% first-year return on $75,750 initial cash invested.
7.59%
Cash On Cash
9.1%
Cap Rate
1.42
DSCR
$3,510
Rent
$479
Cashflow
Cash Flow
$3,510 income − $3,031 expenses = $479 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.0%
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
$3,510
Total Expenses
$3,031
Mortgage P&I
42%
$1,466
Property Taxes
8%
$277
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386