This property might be a fair Mid-Term investment with a projected 9.54% first-year return on $74,742 initial cash invested.
9.54%
Cash On Cash
9.74%
Cap Rate
1.53
DSCR
$4,035
Rent
$594
Cashflow
Cash Flow
$4,035 income − $3,441 expenses = $594 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,742
Downpayment
20%
$54,040
Closing costs
1%
$2,702
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,035
Total Expenses
$3,441
Mortgage P&I
36%
$1,438
Property Taxes
13%
$530
Home Insurance
3%
$102
HOA
0%
$0
Property Management
12%
$484
CapEx
4%
$161
Vacancy
3%
$121
Maintenance
4%
$161
Other
11%
$444