This property might be a fair Mid-Term investment with a projected 2.83% first-year return on $73,818 initial cash invested.
2.83%
Cash On Cash
7.58%
Cap Rate
1.22
DSCR
$3,117
Rent
$174
Cashflow
Cash Flow
$3,117 income − $2,943 expenses = $174 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,818
Downpayment
20%
$53,160
Closing costs
1%
$2,658
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,117
Total Expenses
$2,943
Mortgage P&I
44%
$1,379
Property Taxes
14%
$433
Home Insurance
2%
$70
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343