This property might be a fair Mid-Term investment with a projected 3.84% first-year return on $73,104 initial cash invested.
3.84%
Cash On Cash
7.89%
Cap Rate
1.26
DSCR
$2,916
Rent
$234
Cashflow
Cash Flow
$2,916 income − $2,682 expenses = $234 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,104
Downpayment
20%
$52,480
Closing costs
1%
$2,624
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,916
Total Expenses
$2,682
Mortgage P&I
47%
$1,374
Property Taxes
8%
$223
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$87
Maintenance
4%
$117
Other
11%
$321