This property might be a fair Mid-Term investment with a projected 5.11% first-year return on $74,490 initial cash invested.
5.11%
Cash On Cash
8.68%
Cap Rate
1.3
DSCR
$3,182
Rent
$317
Cashflow
Cash Flow
$3,182 income − $2,865 expenses = $317 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,182
Total Expenses
$2,865
Mortgage P&I
47%
$1,502
Property Taxes
6%
$188
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350