This property might be a fair Mid-Term investment with a projected 2.86% first-year return on $74,679 initial cash invested.
2.86%
Cash On Cash
7.66%
Cap Rate
1.21
DSCR
$2,949
Rent
$178
Cashflow
Cash Flow
$2,949 income − $2,771 expenses = $178 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,949
Total Expenses
$2,771
Mortgage P&I
48%
$1,427
Property Taxes
8%
$248
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324