This property might be a fair Mid-Term investment with a projected 8.86% first-year return on $73,671 initial cash invested.
8.86%
Cash On Cash
9.56%
Cap Rate
1.5
DSCR
$4,083
Rent
$544
Cashflow
Cash Flow
$4,083 income − $3,539 expenses = $544 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,671
Downpayment
20%
$53,020
Closing costs
1%
$2,651
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$4,083
Total Expenses
$3,539
Mortgage P&I
34%
$1,405
Property Taxes
16%
$635
Home Insurance
3%
$112
HOA
0%
$0
Property Management
12%
$490
CapEx
4%
$163
Vacancy
3%
$122
Maintenance
4%
$163
Other
11%
$449