This property might be a fair Mid-Term investment with a projected 3.86% first-year return on $73,629 initial cash invested.
3.86%
Cash On Cash
7.64%
Cap Rate
1.26
DSCR
$2,780
Rent
$237
Cashflow
Cash Flow
$2,780 income − $2,543 expenses = $237 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,780
Total Expenses
$2,543
Mortgage P&I
48%
$1,339
Property Taxes
6%
$168
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$306