This property might be a fair Mid-Term investment with a projected 6.29% first-year return on $67,749 initial cash invested.
6.29%
Cash On Cash
8.76%
Cap Rate
1.37
DSCR
$2,739
Rent
$355
Cashflow
Cash Flow
$2,739 income − $2,384 expenses = $355 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,749
Downpayment
20%
$47,380
Closing costs
1%
$2,369
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,739
Total Expenses
$2,384
Mortgage P&I
46%
$1,265
Property Taxes
2%
$67
Home Insurance
4%
$112
HOA
0%
$8
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$301