This property might be a fair Mid-Term investment with a projected 5.41% first-year return on $73,650 initial cash invested.
5.41%
Cash On Cash
8.23%
Cap Rate
1.33
DSCR
$2,858
Rent
$332
Cashflow
Cash Flow
$2,858 income − $2,526 expenses = $332 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.7%
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
$2,858
Total Expenses
$2,526
Mortgage P&I
48%
$1,372
Property Taxes
3%
$90
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$314