This property might be a fair Mid-Term investment with a projected 4.3% first-year return on $73,083 initial cash invested.
4.3%
Cash On Cash
7.83%
Cap Rate
1.29
DSCR
$2,964
Rent
$262
Cashflow
Cash Flow
$2,964 income − $2,702 expenses = $262 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,083
Downpayment
20%
$52,460
Closing costs
1%
$2,623
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,964
Total Expenses
$2,702
Mortgage P&I
45%
$1,330
Property Taxes
9%
$269
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326