This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $274k initial cash invested.
1.3%
Cash On Cash
7.21%
Cap Rate
1.12
DSCR
$12,838
Rent
$297
Cashflow
Cash Flow
$12,838 income − $12,541 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$1220k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$274k
Downpayment
20%
$244k
Closing costs
1%
$12,200
Rehab
0%
$0
Furnishing
1%
$18,000
Cashflow
Total Income
$12,838
Total Expenses
$12,541
Mortgage P&I
51%
$6,518
Property Taxes
10%
$1,219
Home Insurance
3%
$438
HOA
0%
$0
Property Management
12%
$1,541
CapEx
4%
$514
Vacancy
3%
$385
Maintenance
4%
$514
Other
11%
$1,412