This property might be a fair Mid-Term investment with a projected 1.56% first-year return on $74,490 initial cash invested.
1.56%
Cash On Cash
7.04%
Cap Rate
1.14
DSCR
$2,496
Rent
$97
Cashflow
Cash Flow
$2,496 income − $2,399 expenses = $97 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,496
Total Expenses
$2,399
Mortgage P&I
55%
$1,381
Property Taxes
3%
$74
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$300
CapEx
4%
$100
Vacancy
3%
$75
Maintenance
4%
$100
Other
11%
$275