This property might be a fair Mid-Term investment with a projected 4.02% first-year return on $73,965 initial cash invested.
4.02%
Cash On Cash
7.77%
Cap Rate
1.27
DSCR
$2,920
Rent
$248
Cashflow
Cash Flow
$2,920 income − $2,672 expenses = $248 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,965
Downpayment
20%
$53,300
Closing costs
1%
$2,665
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,920
Total Expenses
$2,672
Mortgage P&I
47%
$1,360
Property Taxes
8%
$223
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321