This property might be a fair Mid-Term investment with a projected 0.59% first-year return on $75,645 initial cash invested.
0.59%
Cash On Cash
6.82%
Cap Rate
1.1
DSCR
$2,598
Rent
$37
Cashflow
Cash Flow
$2,598 income − $2,561 expenses = $37 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,645
Downpayment
20%
$54,900
Closing costs
1%
$2,745
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,598
Total Expenses
$2,561
Mortgage P&I
55%
$1,418
Property Taxes
6%
$144
Home Insurance
4%
$96
HOA
1%
$19
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286