This property might be a fair Mid-Term investment with a projected 2.07% first-year return on $74,910 initial cash invested.
2.07%
Cash On Cash
7.7%
Cap Rate
1.17
DSCR
$3,044
Rent
$129
Cashflow
Cash Flow
$3,044 income − $2,915 expenses = $129 cash flow
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,910
Downpayment
20%
$54,200
Closing costs
1%
$2,710
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,044
Total Expenses
$2,915
Mortgage P&I
49%
$1,488
Property Taxes
10%
$294
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335