This property might be a fair Mid-Term investment with a projected 5.08% first-year return on $72,579 initial cash invested.
5.08%
Cash On Cash
8.49%
Cap Rate
1.3
DSCR
$2,862
Rent
$307
Cashflow
Cash Flow
$2,862 income − $2,555 expenses = $307 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,862
Total Expenses
$2,555
Mortgage P&I
50%
$1,418
Property Taxes
3%
$74
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$315