This property might be a fair Mid-Term investment with a projected 2.55% first-year return on $73,902 initial cash invested.
2.55%
Cash On Cash
7.77%
Cap Rate
1.19
DSCR
$2,820
Rent
$157
Cashflow
Cash Flow
$2,820 income − $2,663 expenses = $157 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,902
Downpayment
20%
$53,240
Closing costs
1%
$2,662
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,820
Total Expenses
$2,663
Mortgage P&I
52%
$1,453
Property Taxes
5%
$153
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$338
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$310