This property might be a fair Mid-Term investment with a projected 4.07% first-year return on $74,653 initial cash invested.
4.07%
Cash On Cash
8.03%
Cap Rate
1.26
DSCR
$3,063
Rent
$253
Cashflow
Cash Flow
$3,063 income − $2,810 expenses = $253 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,653
Downpayment
20%
$53,955
Closing costs
1%
$2,698
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,063
Total Expenses
$2,810
Mortgage P&I
47%
$1,430
Property Taxes
8%
$243
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337