This property might be a fair Mid-Term investment with a projected 1.59% first-year return on $74,826 initial cash invested.
1.59%
Cash On Cash
7.19%
Cap Rate
1.14
DSCR
$2,616
Rent
$99
Cashflow
Cash Flow
$2,616 income − $2,517 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,826
Downpayment
20%
$54,120
Closing costs
1%
$2,706
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,616
Total Expenses
$2,517
Mortgage P&I
54%
$1,417
Property Taxes
4%
$112
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$314
CapEx
4%
$105
Vacancy
3%
$78
Maintenance
4%
$105
Other
11%
$288