This property might be a fair Mid-Term investment with a projected 2.98% first-year return on $73,797 initial cash invested.
2.98%
Cash On Cash
7.47%
Cap Rate
1.21
DSCR
$2,649
Rent
$183
Cashflow
Cash Flow
$2,649 income − $2,466 expenses = $183 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,649
Total Expenses
$2,466
Mortgage P&I
51%
$1,364
Property Taxes
4%
$106
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$318
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$291