This property might be a fair Mid-Term investment with a projected 7.56% first-year return on $73,461 initial cash invested.
7.56%
Cash On Cash
9.06%
Cap Rate
1.42
DSCR
$3,098
Rent
$463
Cashflow
Cash Flow
$3,098 income − $2,635 expenses = $463 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,461
Downpayment
20%
$52,820
Closing costs
1%
$2,641
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,098
Total Expenses
$2,635
Mortgage P&I
45%
$1,408
Property Taxes
3%
$79
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$372
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$341