This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $74,595 initial cash invested.
1.11%
Cash On Cash
7.17%
Cap Rate
1.13
DSCR
$2,888
Rent
$69
Cashflow
Cash Flow
$2,888 income − $2,819 expenses = $69 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,595
Downpayment
20%
$53,900
Closing costs
1%
$2,695
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,888
Total Expenses
$2,819
Mortgage P&I
49%
$1,425
Property Taxes
10%
$289
Home Insurance
4%
$108
HOA
0%
$13
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318