This property might be a fair Mid-Term investment with a projected 2.32% first-year return on $72,852 initial cash invested.
2.32%
Cash On Cash
7.66%
Cap Rate
1.2
DSCR
$3,506
Rent
$141
Cashflow
Cash Flow
$3,506 income − $3,365 expenses = $141 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,852
Downpayment
20%
$52,240
Closing costs
1%
$2,612
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,506
Total Expenses
$3,365
Mortgage P&I
40%
$1,387
Property Taxes
13%
$459
Home Insurance
3%
$94
HOA
7%
$233
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386