This property might be a fair Mid-Term investment with a projected 2.09% first-year return on $74,490 initial cash invested.
2.09%
Cash On Cash
7.6%
Cap Rate
1.16
DSCR
$2,770
Rent
$130
Cashflow
Cash Flow
$2,770 income − $2,640 expenses = $130 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,770
Total Expenses
$2,640
Mortgage P&I
53%
$1,462
Property Taxes
5%
$138
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305