This property might be a fair Mid-Term investment with a projected 6.61% first-year return on $73,713 initial cash invested.
6.61%
Cash On Cash
8.77%
Cap Rate
1.37
DSCR
$3,030
Rent
$406
Cashflow
Cash Flow
$3,030 income − $2,624 expenses = $406 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,713
Downpayment
20%
$53,060
Closing costs
1%
$2,653
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,030
Total Expenses
$2,624
Mortgage P&I
47%
$1,412
Property Taxes
3%
$84
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$333