This property might be a fair Mid-Term investment with a projected 4.31% first-year return on $74,385 initial cash invested.
4.31%
Cash On Cash
8.61%
Cap Rate
1.27
DSCR
$3,464
Rent
$267
Cashflow
Cash Flow
$3,464 income − $3,197 expenses = $267 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,385
Downpayment
20%
$53,700
Closing costs
1%
$2,685
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,464
Total Expenses
$3,197
Mortgage P&I
44%
$1,520
Property Taxes
13%
$447
Home Insurance
0%
$1
HOA
1%
$50
Property Management
12%
$416
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$381