This property might be a fair Mid-Term investment with a projected 1.59% first-year return on $73,755 initial cash invested.
1.59%
Cash On Cash
7.56%
Cap Rate
1.16
DSCR
$3,218
Rent
$98
Cashflow
Cash Flow
$3,218 income − $3,120 expenses = $98 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,755
Downpayment
20%
$53,100
Closing costs
1%
$2,655
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,218
Total Expenses
$3,120
Mortgage P&I
45%
$1,445
Property Taxes
10%
$313
Home Insurance
3%
$94
HOA
5%
$173
Property Management
12%
$386
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$354