This property might be a fair Mid-Term investment with a projected 1.11% first-year return on $74,637 initial cash invested.
1.11%
Cash On Cash
7.41%
Cap Rate
1.13
DSCR
$3,196
Rent
$69
Cashflow
Cash Flow
$3,196 income − $3,127 expenses = $69 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,637
Downpayment
20%
$53,940
Closing costs
1%
$2,697
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,196
Total Expenses
$3,127
Mortgage P&I
46%
$1,469
Property Taxes
15%
$467
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$384
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$352