This property might be a fair Mid-Term investment with a projected 1.88% first-year return on $73,482 initial cash invested.
1.88%
Cash On Cash
7.49%
Cap Rate
1.15
DSCR
$2,608
Rent
$115
Cashflow
Cash Flow
$2,608 income − $2,493 expenses = $115 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,482
Downpayment
20%
$52,840
Closing costs
1%
$2,642
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,608
Total Expenses
$2,493
Mortgage P&I
55%
$1,431
Property Taxes
3%
$83
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$313
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$287