This property might be a fair Mid-Term investment with a projected 2.37% first-year return on $74,923 initial cash invested.
2.37%
Cash On Cash
7.53%
Cap Rate
1.18
DSCR
$2,742
Rent
$148
Cashflow
Cash Flow
$2,742 income − $2,594 expenses = $148 cash flow
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,923
Downpayment
20%
$54,212
Closing costs
1%
$2,711
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,742
Total Expenses
$2,594
Mortgage P&I
53%
$1,443
Property Taxes
3%
$86
Home Insurance
3%
$95
HOA
1%
$37
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302