This property might be a fair Mid-Term investment with a projected 4.78% first-year return on $74,637 initial cash invested.
4.78%
Cash On Cash
8%
Cap Rate
1.3
DSCR
$2,842
Rent
$297
Cashflow
Cash Flow
$2,842 income − $2,545 expenses = $297 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,637
Downpayment
20%
$53,940
Closing costs
1%
$2,697
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,842
Total Expenses
$2,545
Mortgage P&I
49%
$1,388
Property Taxes
3%
$94
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313