This property might be a fair Mid-Term investment with a projected 2.42% first-year return on $75,750 initial cash invested.
2.42%
Cash On Cash
7.81%
Cap Rate
1.18
DSCR
$2,979
Rent
$153
Cashflow
Cash Flow
$2,979 income − $2,826 expenses = $153 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,979
Total Expenses
$2,826
Mortgage P&I
51%
$1,518
Property Taxes
7%
$200
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$328