This property might be a fair Mid-Term investment with a projected 5.58% first-year return on $72,852 initial cash invested.
5.58%
Cash On Cash
8.94%
Cap Rate
1.34
DSCR
$3,819
Rent
$339
Cashflow
Cash Flow
$3,819 income − $3,480 expenses = $339 cash flow
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,852
Downpayment
20%
$52,240
Closing costs
1%
$2,612
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,819
Total Expenses
$3,480
Mortgage P&I
38%
$1,454
Property Taxes
15%
$578
Home Insurance
4%
$149
HOA
0%
$0
Property Management
12%
$458
CapEx
4%
$153
Vacancy
3%
$115
Maintenance
4%
$153
Other
11%
$420