This property might be a fair Mid-Term investment with a projected 4.47% first-year return on $73,314 initial cash invested.
4.47%
Cash On Cash
8%
Cap Rate
1.28
DSCR
$2,876
Rent
$273
Cashflow
Cash Flow
$2,876 income − $2,603 expenses = $273 cash flow
Investment Breakdown
|
Purchase Price
$263k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,314
Downpayment
20%
$52,680
Closing costs
1%
$2,634
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,876
Total Expenses
$2,603
Mortgage P&I
48%
$1,368
Property Taxes
6%
$160
Home Insurance
3%
$98
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316