This property might be a fair Mid-Term investment with a projected 7.42% first-year return on $73,755 initial cash invested.
7.42%
Cash On Cash
9.05%
Cap Rate
1.41
DSCR
$3,068
Rent
$456
Cashflow
Cash Flow
$3,068 income − $2,612 expenses = $456 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,755
Downpayment
20%
$53,100
Closing costs
1%
$2,655
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,068
Total Expenses
$2,612
Mortgage P&I
46%
$1,424
Property Taxes
2%
$65
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337