This property might be a fair Mid-Term investment with a projected 6.65% first-year return on $75,939 initial cash invested.
6.65%
Cash On Cash
8.49%
Cap Rate
1.4
DSCR
$3,446
Rent
$421
Cashflow
Cash Flow
$3,446 income − $3,025 expenses = $421 cash flow
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,939
Downpayment
20%
$55,180
Closing costs
1%
$2,759
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,446
Total Expenses
$3,025
Mortgage P&I
40%
$1,393
Property Taxes
11%
$363
Home Insurance
3%
$97
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379