This property might be a fair Mid-Term investment with a projected 3.37% first-year return on $73,650 initial cash invested.
3.37%
Cash On Cash
8.06%
Cap Rate
1.22
DSCR
$2,948
Rent
$207
Cashflow
Cash Flow
$2,948 income − $2,741 expenses = $207 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,948
Total Expenses
$2,741
Mortgage P&I
49%
$1,455
Property Taxes
6%
$184
Home Insurance
3%
$93
HOA
0%
$7
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324