This property might be a fair Mid-Term investment with a projected 4.87% first-year return on $73,650 initial cash invested.
4.87%
Cash On Cash
8.59%
Cap Rate
1.28
DSCR
$3,034
Rent
$299
Cashflow
Cash Flow
$3,034 income − $2,735 expenses = $299 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,034
Total Expenses
$2,735
Mortgage P&I
49%
$1,478
Property Taxes
4%
$133
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334