This property might be a fair Mid-Term investment with a projected 2.03% first-year return on $72,600 initial cash invested.
2.03%
Cash On Cash
7.62%
Cap Rate
1.16
DSCR
$2,714
Rent
$123
Cashflow
Cash Flow
$2,714 income − $2,591 expenses = $123 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,600
Downpayment
20%
$52,000
Closing costs
1%
$2,600
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,714
Total Expenses
$2,591
Mortgage P&I
52%
$1,420
Property Taxes
6%
$156
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$81
Maintenance
4%
$109
Other
11%
$299