This property might be a fair Mid-Term investment with a projected 4.65% first-year return on $73,608 initial cash invested.
4.65%
Cash On Cash
8.46%
Cap Rate
1.29
DSCR
$3,350
Rent
$285
Cashflow
Cash Flow
$3,350 income − $3,065 expenses = $285 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,608
Downpayment
20%
$52,960
Closing costs
1%
$2,648
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,350
Total Expenses
$3,065
Mortgage P&I
43%
$1,447
Property Taxes
12%
$389
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368