This property might be a fair Mid-Term investment with a projected 1.86% first-year return on $74,679 initial cash invested.
1.86%
Cash On Cash
7.2%
Cap Rate
1.16
DSCR
$2,804
Rent
$116
Cashflow
Cash Flow
$2,804 income − $2,688 expenses = $116 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,804
Total Expenses
$2,688
Mortgage P&I
50%
$1,391
Property Taxes
9%
$251
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308