This property might be a fair Mid-Term investment with a projected 2.04% first-year return on $74,595 initial cash invested.
2.04%
Cash On Cash
7.65%
Cap Rate
1.18
DSCR
$3,246
Rent
$127
Cashflow
Cash Flow
$3,246 income − $3,119 expenses = $127 cash flow
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,595
Downpayment
20%
$53,900
Closing costs
1%
$2,695
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,246
Total Expenses
$3,119
Mortgage P&I
45%
$1,461
Property Taxes
13%
$432
Home Insurance
4%
$122
HOA
0%
$0
Property Management
12%
$390
CapEx
4%
$130
Vacancy
3%
$97
Maintenance
4%
$130
Other
11%
$357