This property might be a fair Mid-Term investment with a projected 6.28% first-year return on $73,335 initial cash invested.
6.28%
Cash On Cash
8.8%
Cap Rate
1.36
DSCR
$3,279
Rent
$384
Cashflow
Cash Flow
$3,279 income − $2,895 expenses = $384 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,335
Downpayment
20%
$52,700
Closing costs
1%
$2,635
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,279
Total Expenses
$2,895
Mortgage P&I
43%
$1,418
Property Taxes
6%
$192
Home Insurance
5%
$171
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$361