This property might be a fair Mid-Term investment with a projected 9.68% first-year return on $73,650 initial cash invested.
9.68%
Cash On Cash
9.93%
Cap Rate
1.51
DSCR
$3,724
Rent
$594
Cashflow
Cash Flow
$3,724 income − $3,130 expenses = $594 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,724
Total Expenses
$3,130
Mortgage P&I
39%
$1,449
Property Taxes
9%
$321
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$447
CapEx
4%
$149
Vacancy
3%
$112
Maintenance
4%
$149
Other
11%
$410