This property might be a fair Mid-Term investment with a projected 5.01% first-year return on $74,196 initial cash invested.
5.01%
Cash On Cash
8.54%
Cap Rate
1.3
DSCR
$3,352
Rent
$310
Cashflow
Cash Flow
$3,352 income − $3,042 expenses = $310 cash flow
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,196
Downpayment
20%
$53,520
Closing costs
1%
$2,676
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,352
Total Expenses
$3,042
Mortgage P&I
44%
$1,460
Property Taxes
10%
$328
Home Insurance
3%
$114
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369