This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $73,650 initial cash invested.
1.11%
Cash On Cash
6.96%
Cap Rate
1.14
DSCR
$2,892
Rent
$68
Cashflow
Cash Flow
$2,892 income − $2,824 expenses = $68 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.6%
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
$2,892
Total Expenses
$2,824
Mortgage P&I
47%
$1,354
Property Taxes
14%
$393
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318