This property might be a fair Mid-Term investment with a projected 3.06% first-year return on $73,650 initial cash invested.
3.06%
Cash On Cash
7.76%
Cap Rate
1.21
DSCR
$2,784
Rent
$188
Cashflow
Cash Flow
$2,784 income − $2,596 expenses = $188 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,784
Total Expenses
$2,596
Mortgage P&I
51%
$1,415
Property Taxes
5%
$142
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$84
Maintenance
4%
$111
Other
11%
$306