This property might be a fair Mid-Term investment with a projected 2.95% first-year return on $74,406 initial cash invested.
2.95%
Cash On Cash
8.09%
Cap Rate
1.2
DSCR
$3,036
Rent
$183
Cashflow
Cash Flow
$3,036 income − $2,853 expenses = $183 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,406
Downpayment
20%
$53,720
Closing costs
1%
$2,686
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,036
Total Expenses
$2,853
Mortgage P&I
50%
$1,506
Property Taxes
7%
$223
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$364
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$334