This property might be a fair Mid-Term investment with a projected 5.64% first-year return on $76,149 initial cash invested.
5.64%
Cash On Cash
8.55%
Cap Rate
1.34
DSCR
$3,478
Rent
$358
Cashflow
Cash Flow
$3,478 income − $3,120 expenses = $358 cash flow
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,149
Downpayment
20%
$55,380
Closing costs
1%
$2,769
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,478
Total Expenses
$3,120
Mortgage P&I
42%
$1,475
Property Taxes
10%
$365
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383