This property might be a fair Mid-Term investment with a projected 4.93% first-year return on $67,245 initial cash invested.
4.93%
Cash On Cash
8.66%
Cap Rate
1.29
DSCR
$2,722
Rent
$276
Cashflow
Cash Flow
$2,722 income − $2,446 expenses = $276 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,245
Downpayment
20%
$46,900
Closing costs
1%
$2,345
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,722
Total Expenses
$2,446
Mortgage P&I
48%
$1,308
Property Taxes
5%
$128
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299