This property might be a fair Mid-Term investment with a projected 1.71% first-year return on $74,280 initial cash invested.
1.71%
Cash On Cash
7.14%
Cap Rate
1.15
DSCR
$2,688
Rent
$106
Cashflow
Cash Flow
$2,688 income − $2,582 expenses = $106 cash flow
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,280
Downpayment
20%
$53,600
Closing costs
1%
$2,680
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,688
Total Expenses
$2,582
Mortgage P&I
51%
$1,381
Property Taxes
7%
$191
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296