This property might be a fair Mid-Term investment with a projected 7.28% first-year return on $74,847 initial cash invested.
7.28%
Cash On Cash
9.25%
Cap Rate
1.4
DSCR
$3,567
Rent
$454
Cashflow
Cash Flow
$3,567 income − $3,113 expenses = $454 cash flow
Investment Breakdown
|
Purchase Price
$271k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,847
Downpayment
20%
$54,140
Closing costs
1%
$2,707
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,567
Total Expenses
$3,113
Mortgage P&I
42%
$1,489
Property Taxes
9%
$315
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$428
CapEx
4%
$143
Vacancy
3%
$107
Maintenance
4%
$143
Other
11%
$392