This property might be a fair Mid-Term investment with a projected 3.19% first-year return on $75,246 initial cash invested.
3.19%
Cash On Cash
7.76%
Cap Rate
1.22
DSCR
$2,850
Rent
$200
Cashflow
Cash Flow
$2,850 income − $2,650 expenses = $200 cash flow
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,246
Downpayment
20%
$54,520
Closing costs
1%
$2,726
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,850
Total Expenses
$2,650
Mortgage P&I
51%
$1,448
Property Taxes
5%
$136
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$342
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314