This property might be a fair Mid-Term investment with a projected 3.36% first-year return on $73,650 initial cash invested.
3.36%
Cash On Cash
7.73%
Cap Rate
1.24
DSCR
$3,110
Rent
$206
Cashflow
Cash Flow
$3,110 income − $2,904 expenses = $206 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,110
Total Expenses
$2,904
Mortgage P&I
44%
$1,378
Property Taxes
12%
$367
Home Insurance
3%
$93
HOA
0%
$10
Property Management
12%
$373
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$342