This property might be a fair Mid-Term investment with a projected 5.52% first-year return on $74,343 initial cash invested.
5.52%
Cash On Cash
8.73%
Cap Rate
1.32
DSCR
$3,252
Rent
$342
Cashflow
Cash Flow
$3,252 income − $2,910 expenses = $342 cash flow
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,343
Downpayment
20%
$53,660
Closing costs
1%
$2,683
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,252
Total Expenses
$2,910
Mortgage P&I
45%
$1,479
Property Taxes
7%
$213
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358