This property might be a fair Mid-Term investment with a projected 2.78% first-year return on $72,936 initial cash invested.
2.78%
Cash On Cash
8.06%
Cap Rate
1.2
DSCR
$3,210
Rent
$169
Cashflow
Cash Flow
$3,210 income − $3,041 expenses = $169 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,936
Downpayment
20%
$52,320
Closing costs
1%
$2,616
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,210
Total Expenses
$3,041
Mortgage P&I
45%
$1,459
Property Taxes
12%
$398
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353