This property might be a fair Mid-Term investment with a projected 1.31% first-year return on $74,070 initial cash invested.
1.31%
Cash On Cash
7.62%
Cap Rate
1.14
DSCR
$3,014
Rent
$81
Cashflow
Cash Flow
$3,014 income − $2,933 expenses = $81 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,070
Downpayment
20%
$53,400
Closing costs
1%
$2,670
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,014
Total Expenses
$2,933
Mortgage P&I
50%
$1,493
Property Taxes
11%
$326
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332