This property might be a fair Mid-Term investment with a projected 5.07% first-year return on $73,104 initial cash invested.
5.07%
Cash On Cash
8.55%
Cap Rate
1.3
DSCR
$3,116
Rent
$309
Cashflow
Cash Flow
$3,116 income − $2,807 expenses = $309 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,104
Downpayment
20%
$52,480
Closing costs
1%
$2,624
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,116
Total Expenses
$2,807
Mortgage P&I
46%
$1,435
Property Taxes
6%
$190
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$93
Maintenance
4%
$125
Other
11%
$343