This property might be a fair Mid-Term investment with a projected 5.8% first-year return on $73,629 initial cash invested.
5.8%
Cash On Cash
8.72%
Cap Rate
1.33
DSCR
$3,046
Rent
$356
Cashflow
Cash Flow
$3,046 income − $2,690 expenses = $356 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,046
Total Expenses
$2,690
Mortgage P&I
48%
$1,447
Property Taxes
4%
$112
Home Insurance
3%
$95
HOA
0%
$0
Property Management
12%
$366
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335