This property might be a fair Mid-Term investment with a projected 7.94% first-year return on $73,734 initial cash invested.
7.94%
Cash On Cash
9.51%
Cap Rate
1.43
DSCR
$3,579
Rent
$488
Cashflow
Cash Flow
$3,579 income − $3,091 expenses = $488 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,734
Downpayment
20%
$53,080
Closing costs
1%
$2,654
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,579
Total Expenses
$3,091
Mortgage P&I
41%
$1,473
Property Taxes
8%
$300
Home Insurance
3%
$94
HOA
0%
$8
Property Management
12%
$429
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$394