This property might be a fair Mid-Term investment with a projected 9.28% first-year return on $72,579 initial cash invested.
9.28%
Cash On Cash
9.85%
Cap Rate
1.5
DSCR
$3,692
Rent
$561
Cashflow
Cash Flow
$3,692 income − $3,131 expenses = $561 cash flow
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,692
Total Expenses
$3,131
Mortgage P&I
39%
$1,425
Property Taxes
10%
$359
Home Insurance
2%
$91
HOA
0%
$0
Property Management
12%
$443
CapEx
4%
$148
Vacancy
3%
$111
Maintenance
4%
$148
Other
11%
$406