This property might be a fair Mid-Term investment with a projected 0.48% first-year return on $75,540 initial cash invested.
0.48%
Cash On Cash
7.2%
Cap Rate
1.09
DSCR
$2,667
Rent
$30
Cashflow
Cash Flow
$2,667 income − $2,637 expenses = $30 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,667
Total Expenses
$2,637
Mortgage P&I
56%
$1,506
Property Taxes
4%
$102
Home Insurance
5%
$122
HOA
0%
$0
Property Management
12%
$320
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$293