This property might be a fair Mid-Term investment with a projected 2.55% first-year return on $71,487 initial cash invested.
2.55%
Cash On Cash
7.99%
Cap Rate
1.2
DSCR
$3,321
Rent
$152
Cashflow
Cash Flow
$3,321 income − $3,169 expenses = $152 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,487
Downpayment
20%
$50,940
Closing costs
1%
$2,547
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,321
Total Expenses
$3,169
Mortgage P&I
42%
$1,410
Property Taxes
16%
$538
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365