This property might be a fair Mid-Term investment with a projected 7.99% first-year return on $73,629 initial cash invested.
7.99%
Cash On Cash
8.93%
Cap Rate
1.47
DSCR
$3,478
Rent
$490
Cashflow
Cash Flow
$3,478 income − $2,988 expenses = $490 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,478
Total Expenses
$2,988
Mortgage P&I
39%
$1,342
Property Taxes
11%
$371
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$383