This property might be a fair Mid-Term investment with a projected 2.63% first-year return on $75,771 initial cash invested.
2.63%
Cash On Cash
7.81%
Cap Rate
1.2
DSCR
$3,238
Rent
$166
Cashflow
Cash Flow
$3,238 income − $3,072 expenses = $166 cash flow
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,771
Downpayment
20%
$55,020
Closing costs
1%
$2,751
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,238
Total Expenses
$3,072
Mortgage P&I
46%
$1,495
Property Taxes
11%
$368
Home Insurance
3%
$105
HOA
0%
$2
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$356