This property might be a fair Mid-Term investment with a projected 6.07% first-year return on $72,936 initial cash invested.
6.07%
Cash On Cash
8.94%
Cap Rate
1.35
DSCR
$3,436
Rent
$369
Cashflow
Cash Flow
$3,436 income − $3,067 expenses = $369 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,936
Downpayment
20%
$52,320
Closing costs
1%
$2,616
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,436
Total Expenses
$3,067
Mortgage P&I
42%
$1,444
Property Taxes
11%
$363
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378