This property might be a fair Mid-Term investment with a projected 1.44% first-year return on $75,750 initial cash invested.
1.44%
Cash On Cash
6.87%
Cap Rate
1.14
DSCR
$2,666
Rent
$91
Cashflow
Cash Flow
$2,666 income − $2,575 expenses = $91 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
6.4%
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
$2,666
Total Expenses
$2,575
Mortgage P&I
52%
$1,377
Property Taxes
7%
$195
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293