This property might be a fair Mid-Term investment with a projected 4.79% first-year return on $74,406 initial cash invested.
4.79%
Cash On Cash
7.9%
Cap Rate
1.3
DSCR
$2,760
Rent
$297
Cashflow
Cash Flow
$2,760 income − $2,463 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,406
Downpayment
20%
$53,720
Closing costs
1%
$2,686
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,760
Total Expenses
$2,463
Mortgage P&I
49%
$1,361
Property Taxes
2%
$66
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$304