This property might be a fair Mid-Term investment with a projected 1.08% first-year return on $73,650 initial cash invested.
1.08%
Cash On Cash
7.35%
Cap Rate
1.12
DSCR
$2,637
Rent
$66
Cashflow
Cash Flow
$2,637 income − $2,571 expenses = $66 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,637
Total Expenses
$2,571
Mortgage P&I
55%
$1,452
Property Taxes
5%
$131
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290