This property might be a fair Mid-Term investment with a projected 2.14% first-year return on $73,902 initial cash invested.
2.14%
Cash On Cash
7.84%
Cap Rate
1.16
DSCR
$2,793
Rent
$132
Cashflow
Cash Flow
$2,793 income − $2,661 expenses = $132 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,902
Downpayment
20%
$53,240
Closing costs
1%
$2,662
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,793
Total Expenses
$2,661
Mortgage P&I
54%
$1,495
Property Taxes
5%
$128
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307