This property might be a fair Mid-Term investment with a projected 8.18% first-year return on $73,797 initial cash invested.
8.18%
Cash On Cash
9.41%
Cap Rate
1.46
DSCR
$3,792
Rent
$503
Cashflow
Cash Flow
$3,792 income − $3,289 expenses = $503 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,797
Downpayment
20%
$53,140
Closing costs
1%
$2,657
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,792
Total Expenses
$3,289
Mortgage P&I
38%
$1,428
Property Taxes
13%
$497
Home Insurance
2%
$74
HOA
0%
$0
Property Management
12%
$455
CapEx
4%
$152
Vacancy
3%
$114
Maintenance
4%
$152
Other
11%
$417