This property might be a fair Mid-Term investment with a projected 3.63% first-year return on $74,763 initial cash invested.
3.63%
Cash On Cash
7.66%
Cap Rate
1.25
DSCR
$2,962
Rent
$226
Cashflow
Cash Flow
$2,962 income − $2,736 expenses = $226 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,763
Downpayment
20%
$54,060
Closing costs
1%
$2,703
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,962
Total Expenses
$2,736
Mortgage P&I
47%
$1,382
Property Taxes
8%
$250
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326