This property might be a fair Mid-Term investment with a projected 3.29% first-year return on $74,343 initial cash invested.
3.29%
Cash On Cash
7.56%
Cap Rate
1.24
DSCR
$2,966
Rent
$204
Cashflow
Cash Flow
$2,966 income − $2,762 expenses = $204 cash flow
Investment Breakdown
|
Purchase Price
$268k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,343
Downpayment
20%
$53,660
Closing costs
1%
$2,683
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,966
Total Expenses
$2,762
Mortgage P&I
46%
$1,368
Property Taxes
4%
$107
Home Insurance
9%
$278
HOA
0%
$0
Property Management
12%
$356
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$326