This property might be a fair Mid-Term investment with a projected 3.49% first-year return on $74,679 initial cash invested.
3.49%
Cash On Cash
8.28%
Cap Rate
1.23
DSCR
$3,348
Rent
$217
Cashflow
Cash Flow
$3,348 income − $3,131 expenses = $217 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,348
Total Expenses
$3,131
Mortgage P&I
45%
$1,512
Property Taxes
12%
$387
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$402
CapEx
4%
$134
Vacancy
3%
$100
Maintenance
4%
$134
Other
11%
$368