This property might be a fair Mid-Term investment with a projected 8.45% first-year return on $74,868 initial cash invested.
8.45%
Cash On Cash
9.23%
Cap Rate
1.48
DSCR
$3,702
Rent
$527
Cashflow
Cash Flow
$3,702 income − $3,175 expenses = $527 cash flow
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,868
Downpayment
20%
$54,160
Closing costs
1%
$2,708
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,702
Total Expenses
$3,175
Mortgage P&I
38%
$1,407
Property Taxes
11%
$414
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$444
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$407