This property might be a fair Mid-Term investment with a projected 1.84% first-year return on $74,175 initial cash invested.
1.84%
Cash On Cash
7.54%
Cap Rate
1.17
DSCR
$3,242
Rent
$114
Cashflow
Cash Flow
$3,242 income − $3,128 expenses = $114 cash flow
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,175
Downpayment
20%
$53,500
Closing costs
1%
$2,675
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,242
Total Expenses
$3,128
Mortgage P&I
44%
$1,437
Property Taxes
15%
$492
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$389
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357