This property might be a fair Mid-Term investment with a projected 3.44% first-year return on $72,579 initial cash invested.
3.44%
Cash On Cash
7.93%
Cap Rate
1.23
DSCR
$2,871
Rent
$208
Cashflow
Cash Flow
$2,871 income − $2,663 expenses = $208 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,871
Total Expenses
$2,663
Mortgage P&I
49%
$1,395
Property Taxes
7%
$200
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316