This property might be a fair Mid-Term investment with a projected 4.2% first-year return on $72,789 initial cash invested.
4.2%
Cash On Cash
8.23%
Cap Rate
1.27
DSCR
$3,194
Rent
$255
Cashflow
Cash Flow
$3,194 income − $2,939 expenses = $255 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,789
Downpayment
20%
$52,180
Closing costs
1%
$2,609
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,194
Total Expenses
$2,939
Mortgage P&I
44%
$1,406
Property Taxes
11%
$347
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$383
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$351