This property might be a fair Mid-Term investment with a projected 5.51% first-year return on $72,579 initial cash invested.
5.51%
Cash On Cash
8.74%
Cap Rate
1.31
DSCR
$2,835
Rent
$333
Cashflow
Cash Flow
$2,835 income − $2,502 expenses = $333 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,835
Total Expenses
$2,502
Mortgage P&I
51%
$1,446
Property Taxes
0%
$2
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312