This property might be a fair Mid-Term investment with a projected 1.26% first-year return on $74,511 initial cash invested.
1.26%
Cash On Cash
7.55%
Cap Rate
1.14
DSCR
$3,225
Rent
$78
Cashflow
Cash Flow
$3,225 income − $3,147 expenses = $78 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
$3,225
Total Expenses
$3,147
Mortgage P&I
46%
$1,485
Property Taxes
13%
$413
Home Insurance
3%
$94
HOA
2%
$58
Property Management
12%
$387
CapEx
4%
$129
Vacancy
3%
$97
Maintenance
4%
$129
Other
11%
$355