This property might be a fair Mid-Term investment with a projected 1.82% first-year return on $73,650 initial cash invested.
1.82%
Cash On Cash
7.1%
Cap Rate
1.16
DSCR
$2,508
Rent
$112
Cashflow
Cash Flow
$2,508 income − $2,396 expenses = $112 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,508
Total Expenses
$2,396
Mortgage P&I
54%
$1,357
Property Taxes
4%
$94
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$301
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$276