This property might be a fair Mid-Term investment with a projected 7.98% first-year return on $73,104 initial cash invested.
7.98%
Cash On Cash
9.29%
Cap Rate
1.44
DSCR
$3,288
Rent
$486
Cashflow
Cash Flow
$3,288 income − $2,802 expenses = $486 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,104
Downpayment
20%
$52,480
Closing costs
1%
$2,624
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,288
Total Expenses
$2,802
Mortgage P&I
43%
$1,414
Property Taxes
6%
$188
Home Insurance
2%
$80
HOA
0%
$0
Property Management
12%
$395
CapEx
4%
$132
Vacancy
3%
$99
Maintenance
4%
$132
Other
11%
$362