This property might be a fair Mid-Term investment with a projected 6.48% first-year return on $74,070 initial cash invested.
6.48%
Cash On Cash
8.51%
Cap Rate
1.38
DSCR
$2,967
Rent
$400
Cashflow
Cash Flow
$2,967 income − $2,567 expenses = $400 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,070
Downpayment
20%
$53,400
Closing costs
1%
$2,670
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,967
Total Expenses
$2,567
Mortgage P&I
46%
$1,374
Property Taxes
2%
$73
Home Insurance
4%
$111
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326