This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $74,763 initial cash invested.
4.08%
Cash On Cash
7.95%
Cap Rate
1.28
DSCR
$3,490
Rent
$254
Cashflow
Cash Flow
$3,490 income − $3,236 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,763
Downpayment
20%
$54,060
Closing costs
1%
$2,703
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,490
Total Expenses
$3,236
Mortgage P&I
40%
$1,396
Property Taxes
16%
$557
Home Insurance
3%
$95
HOA
0%
$0
Property Management
12%
$419
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$384