This property might be a fair Mid-Term investment with a projected 4.97% first-year return on $73,419 initial cash invested.
4.97%
Cash On Cash
8.08%
Cap Rate
1.31
DSCR
$2,979
Rent
$304
Cashflow
Cash Flow
$2,979 income − $2,675 expenses = $304 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,419
Downpayment
20%
$52,780
Closing costs
1%
$2,639
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,979
Total Expenses
$2,675
Mortgage P&I
45%
$1,355
Property Taxes
7%
$205
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$328