This property might be a fair Mid-Term investment with a projected 2.22% first-year return on $72,894 initial cash invested.
2.22%
Cash On Cash
7.71%
Cap Rate
1.17
DSCR
$2,752
Rent
$135
Cashflow
Cash Flow
$2,752 income − $2,617 expenses = $135 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,894
Downpayment
20%
$52,280
Closing costs
1%
$2,614
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,752
Total Expenses
$2,617
Mortgage P&I
52%
$1,435
Property Taxes
6%
$152
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303