This property might be a fair Mid-Term investment with a projected 7.76% first-year return on $73,650 initial cash invested.
7.76%
Cash On Cash
8.84%
Cap Rate
1.45
DSCR
$3,274
Rent
$476
Cashflow
Cash Flow
$3,274 income − $2,798 expenses = $476 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,274
Total Expenses
$2,798
Mortgage P&I
41%
$1,345
Property Taxes
8%
$247
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360