This property might be a fair Mid-Term investment with a projected 3.43% first-year return on $73,398 initial cash invested.
3.43%
Cash On Cash
7.54%
Cap Rate
1.25
DSCR
$2,956
Rent
$210
Cashflow
Cash Flow
$2,956 income − $2,746 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,398
Downpayment
20%
$52,760
Closing costs
1%
$2,638
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,956
Total Expenses
$2,746
Mortgage P&I
45%
$1,330
Property Taxes
10%
$306
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325