This property might be a fair Mid-Term investment with a projected 1.24% first-year return on $74,532 initial cash invested.
1.24%
Cash On Cash
6.98%
Cap Rate
1.13
DSCR
$2,460
Rent
$77
Cashflow
Cash Flow
$2,460 income − $2,383 expenses = $77 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,532
Downpayment
20%
$53,840
Closing costs
1%
$2,692
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,460
Total Expenses
$2,383
Mortgage P&I
56%
$1,390
Property Taxes
3%
$62
Home Insurance
4%
$95
HOA
0%
$0
Property Management
12%
$295
CapEx
4%
$98
Vacancy
3%
$74
Maintenance
4%
$98
Other
11%
$271