This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $73,776 initial cash invested.
1.56%
Cash On Cash
7.55%
Cap Rate
1.16
DSCR
$3,447
Rent
$96
Cashflow
Cash Flow
$3,447 income − $3,351 expenses = $96 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,776
Downpayment
20%
$53,120
Closing costs
1%
$2,656
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,447
Total Expenses
$3,351
Mortgage P&I
42%
$1,438
Property Taxes
19%
$644
Home Insurance
3%
$97
HOA
0%
$0
Property Management
12%
$414
CapEx
4%
$138
Vacancy
3%
$103
Maintenance
4%
$138
Other
11%
$379