This property might be a fair Mid-Term investment with a projected 5.52% first-year return on $72,999 initial cash invested.
5.52%
Cash On Cash
8.49%
Cap Rate
1.33
DSCR
$2,968
Rent
$336
Cashflow
Cash Flow
$2,968 income − $2,632 expenses = $336 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,999
Downpayment
20%
$52,380
Closing costs
1%
$2,619
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,968
Total Expenses
$2,632
Mortgage P&I
47%
$1,398
Property Taxes
4%
$132
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326