This property might be a fair Mid-Term investment with a projected 2.38% first-year return on $73,629 initial cash invested.
2.38%
Cash On Cash
7.34%
Cap Rate
1.18
DSCR
$2,499
Rent
$146
Cashflow
Cash Flow
$2,499 income − $2,353 expenses = $146 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,499
Total Expenses
$2,353
Mortgage P&I
55%
$1,374
Property Taxes
1%
$36
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275