This property might be a fair Mid-Term investment with a projected 3.64% first-year return on $73,419 initial cash invested.
3.64%
Cash On Cash
7.81%
Cap Rate
1.25
DSCR
$3,063
Rent
$223
Cashflow
Cash Flow
$3,063 income − $2,840 expenses = $223 cash flow
Investment Breakdown
|
Purchase Price
$264k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,419
Downpayment
20%
$52,780
Closing costs
1%
$2,639
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,063
Total Expenses
$2,840
Mortgage P&I
45%
$1,372
Property Taxes
11%
$329
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337