This property might be a fair Mid-Term investment with a projected 1.99% first-year return on $74,700 initial cash invested.
1.99%
Cash On Cash
7.68%
Cap Rate
1.16
DSCR
$2,864
Rent
$124
Cashflow
Cash Flow
$2,864 income − $2,740 expenses = $124 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,864
Total Expenses
$2,740
Mortgage P&I
52%
$1,488
Property Taxes
6%
$183
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315