This property might be a fair Mid-Term investment with a projected 0.9% first-year return on $74,679 initial cash invested.
0.9%
Cash On Cash
7.33%
Cap Rate
1.12
DSCR
$3,008
Rent
$56
Cashflow
Cash Flow
$3,008 income − $2,952 expenses = $56 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,008
Total Expenses
$2,952
Mortgage P&I
49%
$1,473
Property Taxes
12%
$363
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331