This property might be a fair Mid-Term investment with a projected 3.37% first-year return on $74,679 initial cash invested.
3.37%
Cash On Cash
8.32%
Cap Rate
1.22
DSCR
$3,080
Rent
$210
Cashflow
Cash Flow
$3,080 income − $2,870 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,080
Total Expenses
$2,870
Mortgage P&I
50%
$1,539
Property Taxes
5%
$145
Home Insurance
3%
$94
HOA
1%
$45
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339