This property might be a fair Mid-Term investment with a projected 5.66% first-year return on $70,437 initial cash invested.
5.66%
Cash On Cash
8.53%
Cap Rate
1.33
DSCR
$2,804
Rent
$332
Cashflow
Cash Flow
$2,804 income − $2,472 expenses = $332 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,437
Downpayment
20%
$49,940
Closing costs
1%
$2,497
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,804
Total Expenses
$2,472
Mortgage P&I
47%
$1,331
Property Taxes
4%
$100
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308