This property might be a fair Mid-Term investment with a projected 3.91% first-year return on $72,390 initial cash invested.
3.91%
Cash On Cash
7.74%
Cap Rate
1.26
DSCR
$2,722
Rent
$236
Cashflow
Cash Flow
$2,722 income − $2,486 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,722
Total Expenses
$2,486
Mortgage P&I
49%
$1,326
Property Taxes
4%
$118
Home Insurance
3%
$91
HOA
1%
$25
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299