This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $74,700 initial cash invested.
5.14%
Cash On Cash
8.16%
Cap Rate
1.32
DSCR
$3,129
Rent
$320
Cashflow
Cash Flow
$3,129 income − $2,809 expenses = $320 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,129
Total Expenses
$2,809
Mortgage P&I
44%
$1,391
Property Taxes
8%
$261
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344