This property might be a fair Mid-Term investment with a projected 3.87% first-year return on $74,679 initial cash invested.
3.87%
Cash On Cash
8.21%
Cap Rate
1.26
DSCR
$3,416
Rent
$241
Cashflow
Cash Flow
$3,416 income − $3,175 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,416
Total Expenses
$3,175
Mortgage P&I
43%
$1,468
Property Taxes
13%
$438
Home Insurance
3%
$94
HOA
0%
$13
Property Management
12%
$410
CapEx
4%
$137
Vacancy
3%
$102
Maintenance
4%
$137
Other
11%
$376