This property might be a fair Mid-Term investment with a projected 1.34% first-year return on $73,650 initial cash invested.
1.34%
Cash On Cash
6.96%
Cap Rate
1.13
DSCR
$2,428
Rent
$82
Cashflow
Cash Flow
$2,428 income − $2,346 expenses = $82 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,428
Total Expenses
$2,346
Mortgage P&I
56%
$1,357
Property Taxes
3%
$71
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$291
CapEx
4%
$97
Vacancy
3%
$73
Maintenance
4%
$97
Other
11%
$267