This property might be a fair Mid-Term investment with a projected 1.79% first-year return on $73,839 initial cash invested.
1.79%
Cash On Cash
7.47%
Cap Rate
1.15
DSCR
$2,781
Rent
$110
Cashflow
Cash Flow
$2,781 income − $2,671 expenses = $110 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,839
Downpayment
20%
$53,180
Closing costs
1%
$2,659
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,781
Total Expenses
$2,671
Mortgage P&I
52%
$1,435
Property Taxes
6%
$170
Home Insurance
4%
$100
HOA
1%
$21
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306