This property might be a fair Mid-Term investment with a projected 8.72% first-year return on $73,251 initial cash invested.
8.72%
Cash On Cash
9.66%
Cap Rate
1.46
DSCR
$3,272
Rent
$532
Cashflow
Cash Flow
$3,272 income − $2,740 expenses = $532 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,251
Downpayment
20%
$52,620
Closing costs
1%
$2,631
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,272
Total Expenses
$2,740
Mortgage P&I
44%
$1,455
Property Taxes
2%
$76
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360