This property might be a fair Mid-Term investment with a projected 3.21% first-year return on $74,490 initial cash invested.
3.21%
Cash On Cash
7.92%
Cap Rate
1.23
DSCR
$3,292
Rent
$199
Cashflow
Cash Flow
$3,292 income − $3,093 expenses = $199 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,292
Total Expenses
$3,093
Mortgage P&I
44%
$1,445
Property Taxes
12%
$404
Home Insurance
3%
$94
HOA
1%
$30
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362