This property might be a fair Mid-Term investment with a projected 1.46% first-year return on $74,091 initial cash invested.
1.46%
Cash On Cash
7.6%
Cap Rate
1.14
DSCR
$3,039
Rent
$90
Cashflow
Cash Flow
$3,039 income − $2,949 expenses = $90 cash flow
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,091
Downpayment
20%
$53,420
Closing costs
1%
$2,671
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,039
Total Expenses
$2,949
Mortgage P&I
49%
$1,480
Property Taxes
11%
$341
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$334