This property might be a fair Mid-Term investment with a projected 1.14% first-year return on $74,763 initial cash invested.
1.14%
Cash On Cash
7.03%
Cap Rate
1.14
DSCR
$3,153
Rent
$71
Cashflow
Cash Flow
$3,153 income − $3,082 expenses = $71 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,763
Downpayment
20%
$54,060
Closing costs
1%
$2,703
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,153
Total Expenses
$3,082
Mortgage P&I
44%
$1,386
Property Taxes
16%
$514
Home Insurance
3%
$96
HOA
0%
$14
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347