This property might be a fair Mid-Term investment with a projected 1.19% first-year return on $74,511 initial cash invested.
1.19%
Cash On Cash
7.45%
Cap Rate
1.12
DSCR
$2,738
Rent
$74
Cashflow
Cash Flow
$2,738 income − $2,664 expenses = $74 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,511
Downpayment
20%
$53,820
Closing costs
1%
$2,691
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,738
Total Expenses
$2,664
Mortgage P&I
54%
$1,487
Property Taxes
5%
$149
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301