This property might be a fair Mid-Term investment with a projected 5.15% first-year return on $73,125 initial cash invested.
5.15%
Cash On Cash
8.58%
Cap Rate
1.3
DSCR
$3,081
Rent
$314
Cashflow
Cash Flow
$3,081 income − $2,767 expenses = $314 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,125
Downpayment
20%
$52,500
Closing costs
1%
$2,625
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,081
Total Expenses
$2,767
Mortgage P&I
47%
$1,439
Property Taxes
6%
$189
Home Insurance
3%
$92
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339