This property might be a fair Mid-Term investment with a projected 3.17% first-year return on $72,600 initial cash invested.
3.17%
Cash On Cash
7.67%
Cap Rate
1.22
DSCR
$2,746
Rent
$192
Cashflow
Cash Flow
$2,746 income − $2,554 expenses = $192 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,600
Downpayment
20%
$52,000
Closing costs
1%
$2,600
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,746
Total Expenses
$2,554
Mortgage P&I
49%
$1,359
Property Taxes
6%
$170
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302