This property might be a fair Mid-Term investment with a projected 3.01% first-year return on $75,834 initial cash invested.
3.01%
Cash On Cash
8.02%
Cap Rate
1.22
DSCR
$3,447
Rent
$190
Cashflow
Cash Flow
$3,447 income − $3,257 expenses = $190 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,834
Downpayment
20%
$55,080
Closing costs
1%
$2,754
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,447
Total Expenses
$3,257
Mortgage P&I
44%
$1,512
Property Taxes
14%
$475
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379