This property might be a fair Mid-Term investment with a projected 3.35% first-year return on $74,553 initial cash invested.
3.35%
Cash On Cash
8.08%
Cap Rate
1.22
DSCR
$3,045
Rent
$208
Cashflow
Cash Flow
$3,045 income − $2,837 expenses = $208 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,553
Downpayment
20%
$53,860
Closing costs
1%
$2,693
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,045
Total Expenses
$2,837
Mortgage P&I
49%
$1,484
Property Taxes
7%
$222
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335