This property might be a fair Mid-Term investment with a projected 0.02% first-year return on $75,750 initial cash invested.
0.02%
Cash On Cash
6.93%
Cap Rate
1.09
DSCR
$3,201
Rent
$1
Cashflow
Cash Flow
$3,201 income − $3,200 expenses = $1 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
$3,201
Total Expenses
$3,200
Mortgage P&I
46%
$1,458
Property Taxes
17%
$558
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352