This property might be a fair Mid-Term investment with a projected 7.09% first-year return on $72,642 initial cash invested.
7.09%
Cash On Cash
8.66%
Cap Rate
1.42
DSCR
$3,082
Rent
$429
Cashflow
Cash Flow
$3,082 income − $2,653 expenses = $429 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,642
Downpayment
20%
$52,040
Closing costs
1%
$2,602
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,082
Total Expenses
$2,653
Mortgage P&I
43%
$1,325
Property Taxes
5%
$159
Home Insurance
3%
$93
HOA
1%
$29
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339