This property might be a fair Mid-Term investment with a projected 5.93% first-year return on $73,650 initial cash invested.
5.93%
Cash On Cash
8.75%
Cap Rate
1.36
DSCR
$3,574
Rent
$364
Cashflow
Cash Flow
$3,574 income − $3,210 expenses = $364 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.1%
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
$3,574
Total Expenses
$3,210
Mortgage P&I
40%
$1,426
Property Taxes
13%
$475
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$393