This property might be a fair Mid-Term investment with a projected 6.41% first-year return on $72,873 initial cash invested.
6.41%
Cash On Cash
9.3%
Cap Rate
1.35
DSCR
$3,284
Rent
$389
Cashflow
Cash Flow
$3,284 income − $2,895 expenses = $389 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,873
Downpayment
20%
$52,260
Closing costs
1%
$2,613
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,284
Total Expenses
$2,895
Mortgage P&I
46%
$1,506
Property Taxes
5%
$180
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361