This property might be a fair Mid-Term investment with a projected 1.79% first-year return on $74,490 initial cash invested.
1.79%
Cash On Cash
7.26%
Cap Rate
1.16
DSCR
$2,865
Rent
$111
Cashflow
Cash Flow
$2,865 income − $2,754 expenses = $111 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.8%
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
$2,865
Total Expenses
$2,754
Mortgage P&I
49%
$1,401
Property Taxes
10%
$284
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315