This property might be a fair Mid-Term investment with a projected 5.36% first-year return on $74,532 initial cash invested.
5.36%
Cash On Cash
8.57%
Cap Rate
1.33
DSCR
$3,525
Rent
$333
Cashflow
Cash Flow
$3,525 income − $3,192 expenses = $333 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,532
Downpayment
20%
$53,840
Closing costs
1%
$2,692
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,525
Total Expenses
$3,192
Mortgage P&I
41%
$1,449
Property Taxes
12%
$411
Home Insurance
4%
$133
HOA
0%
$0
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388