This property might be a fair Mid-Term investment with a projected 8.71% first-year return on $72,579 initial cash invested.
8.71%
Cash On Cash
9.13%
Cap Rate
1.49
DSCR
$3,090
Rent
$527
Cashflow
Cash Flow
$3,090 income − $2,563 expenses = $527 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,090
Total Expenses
$2,563
Mortgage P&I
43%
$1,326
Property Taxes
3%
$94
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340