This property might be a fair Mid-Term investment with a projected 1.5% first-year return on $73,545 initial cash invested.
1.5%
Cash On Cash
7.34%
Cap Rate
1.15
DSCR
$2,829
Rent
$92
Cashflow
Cash Flow
$2,829 income − $2,737 expenses = $92 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,545
Downpayment
20%
$52,900
Closing costs
1%
$2,645
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,829
Total Expenses
$2,737
Mortgage P&I
50%
$1,413
Property Taxes
9%
$242
Home Insurance
4%
$121
HOA
0%
$0
Property Management
12%
$339
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$311