This property might be a fair Mid-Term investment with a projected 2.22% first-year return on $73,650 initial cash invested.
2.22%
Cash On Cash
7.17%
Cap Rate
1.18
DSCR
$2,542
Rent
$136
Cashflow
Cash Flow
$2,542 income − $2,406 expenses = $136 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,542
Total Expenses
$2,406
Mortgage P&I
53%
$1,345
Property Taxes
4%
$103
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$305
CapEx
4%
$102
Vacancy
3%
$76
Maintenance
4%
$102
Other
11%
$280