This property might be a fair Mid-Term investment with a projected 9.27% first-year return on $73,566 initial cash invested.
9.27%
Cash On Cash
9.41%
Cap Rate
1.52
DSCR
$3,530
Rent
$568
Cashflow
Cash Flow
$3,530 income − $2,962 expenses = $568 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,566
Downpayment
20%
$52,920
Closing costs
1%
$2,646
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,530
Total Expenses
$2,962
Mortgage P&I
39%
$1,367
Property Taxes
9%
$300
Home Insurance
3%
$95
HOA
0%
$0
Property Management
12%
$424
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388