This property might be a fair Mid-Term investment with a projected 8.02% first-year return on $74,070 initial cash invested.
8.02%
Cash On Cash
8.95%
Cap Rate
1.45
DSCR
$3,062
Rent
$495
Cashflow
Cash Flow
$3,062 income − $2,567 expenses = $495 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,070
Downpayment
20%
$53,400
Closing costs
1%
$2,670
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,062
Total Expenses
$2,567
Mortgage P&I
45%
$1,375
Property Taxes
1%
$29
Home Insurance
3%
$94
HOA
1%
$29
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$337