This property might be a fair Mid-Term investment with a projected 3.16% first-year return on $72,852 initial cash invested.
3.16%
Cash On Cash
7.92%
Cap Rate
1.21
DSCR
$2,776
Rent
$192
Cashflow
Cash Flow
$2,776 income − $2,584 expenses = $192 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,852
Downpayment
20%
$52,240
Closing costs
1%
$2,612
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,776
Total Expenses
$2,584
Mortgage P&I
51%
$1,420
Property Taxes
5%
$128
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305