This property might be a fair Mid-Term investment with a projected 3.88% first-year return on $74,196 initial cash invested.
3.88%
Cash On Cash
7.74%
Cap Rate
1.26
DSCR
$2,804
Rent
$240
Cashflow
Cash Flow
$2,804 income − $2,564 expenses = $240 cash flow
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,196
Downpayment
20%
$53,520
Closing costs
1%
$2,676
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,804
Total Expenses
$2,564
Mortgage P&I
49%
$1,374
Property Taxes
5%
$144
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308