This property might be a fair Mid-Term investment with a projected 4.41% first-year return on $72,453 initial cash invested.
4.41%
Cash On Cash
8.35%
Cap Rate
1.27
DSCR
$3,072
Rent
$266
Cashflow
Cash Flow
$3,072 income − $2,806 expenses = $266 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,453
Downpayment
20%
$51,860
Closing costs
1%
$2,593
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,072
Total Expenses
$2,806
Mortgage P&I
46%
$1,415
Property Taxes
8%
$236
Home Insurance
4%
$110
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338