This property might be a fair Mid-Term investment with a projected 9.7% first-year return on $74,700 initial cash invested.
9.7%
Cash On Cash
9.72%
Cap Rate
1.51
DSCR
$3,436
Rent
$604
Cashflow
Cash Flow
$3,436 income − $2,832 expenses = $604 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,436
Total Expenses
$2,832
Mortgage P&I
42%
$1,447
Property Taxes
4%
$124
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378