This property might be a fair Mid-Term investment with a projected 4.52% first-year return on $73,041 initial cash invested.
4.52%
Cash On Cash
8.25%
Cap Rate
1.28
DSCR
$3,010
Rent
$275
Cashflow
Cash Flow
$3,010 income − $2,735 expenses = $275 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,041
Downpayment
20%
$52,420
Closing costs
1%
$2,621
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,010
Total Expenses
$2,735
Mortgage P&I
47%
$1,406
Property Taxes
7%
$214
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331