This property might be a fair Mid-Term investment with a projected 0.79% first-year return on $74,679 initial cash invested.
0.79%
Cash On Cash
7.23%
Cap Rate
1.1
DSCR
$2,565
Rent
$49
Cashflow
Cash Flow
$2,565 income − $2,516 expenses = $49 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,565
Total Expenses
$2,516
Mortgage P&I
57%
$1,475
Property Taxes
3%
$74
Home Insurance
4%
$94
HOA
0%
$0
Property Management
12%
$308
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$282