This property might be a fair Mid-Term investment with a projected 3.98% first-year return on $72,579 initial cash invested.
3.98%
Cash On Cash
8.25%
Cap Rate
1.26
DSCR
$3,064
Rent
$241
Cashflow
Cash Flow
$3,064 income − $2,823 expenses = $241 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,064
Total Expenses
$2,823
Mortgage P&I
46%
$1,423
Property Taxes
9%
$266
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337