This property might be a fair Mid-Term investment with a projected 6.99% first-year return on $72,768 initial cash invested.
6.99%
Cash On Cash
9.44%
Cap Rate
1.37
DSCR
$3,255
Rent
$424
Cashflow
Cash Flow
$3,255 income − $2,831 expenses = $424 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,768
Downpayment
20%
$52,160
Closing costs
1%
$2,608
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,255
Total Expenses
$2,831
Mortgage P&I
46%
$1,498
Property Taxes
5%
$161
Home Insurance
2%
$65
HOA
0%
$0
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$358