This property might be a fair Mid-Term investment with a projected 1.54% first-year return on $75,498 initial cash invested.
1.54%
Cash On Cash
6.99%
Cap Rate
1.14
DSCR
$2,541
Rent
$97
Cashflow
Cash Flow
$2,541 income − $2,444 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,498
Downpayment
20%
$54,760
Closing costs
1%
$2,738
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,541
Total Expenses
$2,444
Mortgage P&I
55%
$1,395
Property Taxes
3%
$86
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280