This property might be a fair Mid-Term investment with a projected 8.54% first-year return on $73,923 initial cash invested.
8.54%
Cash On Cash
9.76%
Cap Rate
1.45
DSCR
$3,657
Rent
$526
Cashflow
Cash Flow
$3,657 income − $3,131 expenses = $526 cash flow
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,923
Downpayment
20%
$53,260
Closing costs
1%
$2,663
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,657
Total Expenses
$3,131
Mortgage P&I
41%
$1,495
Property Taxes
8%
$305
Home Insurance
2%
$88
HOA
0%
$0
Property Management
12%
$439
CapEx
4%
$146
Vacancy
3%
$110
Maintenance
4%
$146
Other
11%
$402