This property might be a fair Mid-Term investment with a projected 1.61% first-year return on $73,986 initial cash invested.
1.61%
Cash On Cash
7.54%
Cap Rate
1.14
DSCR
$2,584
Rent
$99
Cashflow
Cash Flow
$2,584 income − $2,485 expenses = $99 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,986
Downpayment
20%
$53,320
Closing costs
1%
$2,666
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,584
Total Expenses
$2,485
Mortgage P&I
57%
$1,473
Property Taxes
2%
$40
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$310
CapEx
4%
$103
Vacancy
3%
$78
Maintenance
4%
$103
Other
11%
$284