This property might be a fair Mid-Term investment with a projected 7.27% first-year return on $73,461 initial cash invested.
7.27%
Cash On Cash
8.88%
Cap Rate
1.42
DSCR
$3,321
Rent
$445
Cashflow
Cash Flow
$3,321 income − $2,876 expenses = $445 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,461
Downpayment
20%
$52,820
Closing costs
1%
$2,641
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,321
Total Expenses
$2,876
Mortgage P&I
41%
$1,377
Property Taxes
8%
$275
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365