This property might be a fair Mid-Term investment with a projected 6.14% first-year return on $73,062 initial cash invested.
6.14%
Cash On Cash
8.99%
Cap Rate
1.36
DSCR
$3,606
Rent
$374
Cashflow
Cash Flow
$3,606 income − $3,232 expenses = $374 cash flow
Investment Breakdown
|
Purchase Price
$262k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,062
Downpayment
20%
$52,440
Closing costs
1%
$2,622
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,606
Total Expenses
$3,232
Mortgage P&I
40%
$1,447
Property Taxes
13%
$481
Home Insurance
2%
$78
HOA
0%
$0
Property Management
12%
$433
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$397