This property might be a fair Mid-Term investment with a projected 7.98% first-year return on $74,091 initial cash invested.
7.98%
Cash On Cash
8.9%
Cap Rate
1.45
DSCR
$3,118
Rent
$493
Cashflow
Cash Flow
$3,118 income − $2,625 expenses = $493 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,091
Downpayment
20%
$53,420
Closing costs
1%
$2,671
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,118
Total Expenses
$2,625
Mortgage P&I
44%
$1,363
Property Taxes
3%
$94
Home Insurance
3%
$107
HOA
0%
$0
Property Management
12%
$374
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$343