This property might be a fair Mid-Term investment with a projected 3.22% first-year return on $75,750 initial cash invested.
3.22%
Cash On Cash
8.14%
Cap Rate
1.23
DSCR
$3,536
Rent
$203
Cashflow
Cash Flow
$3,536 income − $3,333 expenses = $203 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,536
Total Expenses
$3,333
Mortgage P&I
43%
$1,522
Property Taxes
14%
$481
Home Insurance
3%
$96
HOA
1%
$33
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$389