This property might be a fair Mid-Term investment with a projected 1.93% first-year return on $74,742 initial cash invested.
1.93%
Cash On Cash
7.65%
Cap Rate
1.15
DSCR
$2,702
Rent
$120
Cashflow
Cash Flow
$2,702 income − $2,582 expenses = $120 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,742
Downpayment
20%
$54,040
Closing costs
1%
$2,702
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,702
Total Expenses
$2,582
Mortgage P&I
55%
$1,494
Property Taxes
3%
$74
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297