This property might be a fair Mid-Term investment with a projected 4.08% first-year return on $73,818 initial cash invested.
4.08%
Cash On Cash
8.25%
Cap Rate
1.26
DSCR
$3,129
Rent
$251
Cashflow
Cash Flow
$3,129 income − $2,878 expenses = $251 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,818
Downpayment
20%
$53,160
Closing costs
1%
$2,658
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,129
Total Expenses
$2,878
Mortgage P&I
46%
$1,452
Property Taxes
8%
$262
Home Insurance
3%
$101
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344