This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $75,519 initial cash invested.
2.37%
Cash On Cash
7.72%
Cap Rate
1.18
DSCR
$2,844
Rent
$149
Cashflow
Cash Flow
$2,844 income − $2,695 expenses = $149 cash flow
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,519
Downpayment
20%
$54,780
Closing costs
1%
$2,739
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,844
Total Expenses
$2,695
Mortgage P&I
53%
$1,500
Property Taxes
5%
$132
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313