This property might be a fair Mid-Term investment with a projected 5.21% first-year return on $72,621 initial cash invested.
5.21%
Cash On Cash
8.36%
Cap Rate
1.32
DSCR
$2,992
Rent
$315
Cashflow
Cash Flow
$2,992 income − $2,677 expenses = $315 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,621
Downpayment
20%
$52,020
Closing costs
1%
$2,601
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,992
Total Expenses
$2,677
Mortgage P&I
46%
$1,377
Property Taxes
6%
$172
Home Insurance
3%
$93
HOA
1%
$17
Property Management
12%
$359
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$329