This property might be a fair Mid-Term investment with a projected 2.12% first-year return on $74,301 initial cash invested.
2.12%
Cash On Cash
7.47%
Cap Rate
1.17
DSCR
$2,776
Rent
$131
Cashflow
Cash Flow
$2,776 income − $2,645 expenses = $131 cash flow
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,301
Downpayment
20%
$53,620
Closing costs
1%
$2,681
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,776
Total Expenses
$2,645
Mortgage P&I
51%
$1,426
Property Taxes
7%
$182
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305