This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $74,490 initial cash invested.
4.17%
Cash On Cash
7.81%
Cap Rate
1.28
DSCR
$2,964
Rent
$259
Cashflow
Cash Flow
$2,964 income − $2,705 expenses = $259 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,490
Downpayment
20%
$53,800
Closing costs
1%
$2,690
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,964
Total Expenses
$2,705
Mortgage P&I
46%
$1,373
Property Taxes
8%
$229
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326