This property might be a fair Mid-Term investment with a projected 3.93% first-year return on $74,112 initial cash invested.
3.93%
Cash On Cash
8.26%
Cap Rate
1.25
DSCR
$3,060
Rent
$243
Cashflow
Cash Flow
$3,060 income − $2,817 expenses = $243 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,112
Downpayment
20%
$53,440
Closing costs
1%
$2,672
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,060
Total Expenses
$2,817
Mortgage P&I
48%
$1,475
Property Taxes
7%
$208
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$337