This property might be a fair Mid-Term investment with a projected 6.31% first-year return on $73,608 initial cash invested.
6.31%
Cash On Cash
9.09%
Cap Rate
1.35
DSCR
$3,460
Rent
$387
Cashflow
Cash Flow
$3,460 income − $3,073 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,608
Downpayment
20%
$52,960
Closing costs
1%
$2,648
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,460
Total Expenses
$3,073
Mortgage P&I
43%
$1,481
Property Taxes
9%
$322
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$415
CapEx
4%
$138
Vacancy
3%
$104
Maintenance
4%
$138
Other
11%
$381