This property might be a fair Mid-Term investment with a projected 2.69% first-year return on $72,579 initial cash invested.
2.69%
Cash On Cash
7.96%
Cap Rate
1.2
DSCR
$3,014
Rent
$163
Cashflow
Cash Flow
$3,014 income − $2,851 expenses = $163 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,014
Total Expenses
$2,851
Mortgage P&I
48%
$1,441
Property Taxes
10%
$293
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$362
CapEx
4%
$121
Vacancy
3%
$90
Maintenance
4%
$121
Other
11%
$332