This property might be a fair Mid-Term investment with a projected 1.97% first-year return on $74,133 initial cash invested.
1.97%
Cash On Cash
7.68%
Cap Rate
1.17
DSCR
$3,168
Rent
$122
Cashflow
Cash Flow
$3,168 income − $3,046 expenses = $122 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,133
Downpayment
20%
$53,460
Closing costs
1%
$2,673
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,168
Total Expenses
$3,046
Mortgage P&I
46%
$1,462
Property Taxes
13%
$409
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$348