This property might be a fair Mid-Term investment with a projected 5.99% first-year return on $73,314 initial cash invested.
5.99%
Cash On Cash
8.47%
Cap Rate
1.35
DSCR
$2,961
Rent
$366
Cashflow
Cash Flow
$2,961 income − $2,595 expenses = $366 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,314
Downpayment
20%
$52,680
Closing costs
1%
$2,634
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,961
Total Expenses
$2,595
Mortgage P&I
46%
$1,375
Property Taxes
4%
$120
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326