This property might be a fair Mid-Term investment with a projected 8.37% first-year return on $73,650 initial cash invested.
8.37%
Cash On Cash
9.83%
Cap Rate
1.42
DSCR
$3,248
Rent
$514
Cashflow
Cash Flow
$3,248 income − $2,734 expenses = $514 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,248
Total Expenses
$2,734
Mortgage P&I
47%
$1,526
Property Taxes
0%
$11
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357