This property might be a fair Mid-Term investment with a projected 3.95% first-year return on $72,558 initial cash invested.
3.95%
Cash On Cash
7.88%
Cap Rate
1.26
DSCR
$2,722
Rent
$239
Cashflow
Cash Flow
$2,722 income − $2,483 expenses = $239 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,558
Downpayment
20%
$51,960
Closing costs
1%
$2,598
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,722
Total Expenses
$2,483
Mortgage P&I
50%
$1,357
Property Taxes
4%
$109
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299