This property might be a fair Mid-Term investment with a projected 9.88% first-year return on $74,490 initial cash invested.
9.88%
Cash On Cash
9.45%
Cap Rate
1.58
DSCR
$4,131
Rent
$613
Cashflow
Cash Flow
$4,131 income − $3,518 expenses = $613 cash flow
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
6.3%
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
$4,131
Total Expenses
$3,518
Mortgage P&I
32%
$1,340
Property Taxes
16%
$680
Home Insurance
2%
$94
HOA
0%
$0
Property Management
12%
$496
CapEx
4%
$165
Vacancy
3%
$124
Maintenance
4%
$165
Other
11%
$454