This property might be a fair Mid-Term investment with a projected 6% first-year return on $73,629 initial cash invested.
6%
Cash On Cash
8.38%
Cap Rate
1.37
DSCR
$3,177
Rent
$368
Cashflow
Cash Flow
$3,177 income − $2,809 expenses = $368 cash flow
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,177
Total Expenses
$2,809
Mortgage P&I
43%
$1,354
Property Taxes
9%
$283
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349