This property might be a fair Mid-Term investment with a projected 3.85% first-year return on $75,687 initial cash invested.
3.85%
Cash On Cash
8.37%
Cap Rate
1.24
DSCR
$3,078
Rent
$243
Cashflow
Cash Flow
$3,078 income − $2,835 expenses = $243 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,687
Downpayment
20%
$54,940
Closing costs
1%
$2,747
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,078
Total Expenses
$2,835
Mortgage P&I
50%
$1,551
Property Taxes
5%
$140
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339