This property might be a fair Mid-Term investment with a projected 3.03% first-year return on $74,889 initial cash invested.
3.03%
Cash On Cash
8%
Cap Rate
1.21
DSCR
$3,252
Rent
$189
Cashflow
Cash Flow
$3,252 income − $3,063 expenses = $189 cash flow
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,889
Downpayment
20%
$54,180
Closing costs
1%
$2,709
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,252
Total Expenses
$3,063
Mortgage P&I
46%
$1,487
Property Taxes
12%
$386
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358