This property might be a fair Mid-Term investment with a projected 2.94% first-year return on $73,524 initial cash invested.
2.94%
Cash On Cash
7.88%
Cap Rate
1.21
DSCR
$3,045
Rent
$180
Cashflow
Cash Flow
$3,045 income − $2,865 expenses = $180 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,524
Downpayment
20%
$52,880
Closing costs
1%
$2,644
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,045
Total Expenses
$2,865
Mortgage P&I
47%
$1,434
Property Taxes
10%
$302
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335