This property might be a fair Mid-Term investment with a projected 5.86% first-year return on $74,700 initial cash invested.
5.86%
Cash On Cash
8.4%
Cap Rate
1.35
DSCR
$3,094
Rent
$365
Cashflow
Cash Flow
$3,094 income − $2,729 expenses = $365 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,700
Downpayment
20%
$54,000
Closing costs
1%
$2,700
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,094
Total Expenses
$2,729
Mortgage P&I
45%
$1,401
Property Taxes
6%
$182
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340