This property might be a fair Mid-Term investment with a projected 1.28% first-year return on $73,860 initial cash invested.
1.28%
Cash On Cash
6.98%
Cap Rate
1.13
DSCR
$2,619
Rent
$79
Cashflow
Cash Flow
$2,619 income − $2,540 expenses = $79 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,860
Downpayment
20%
$53,200
Closing costs
1%
$2,660
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,619
Total Expenses
$2,540
Mortgage P&I
52%
$1,364
Property Taxes
7%
$192
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$314
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$288