This property might be a fair Mid-Term investment with a projected 4.79% first-year return on $70,878 initial cash invested.
4.79%
Cash On Cash
8.55%
Cap Rate
1.29
DSCR
$3,042
Rent
$283
Cashflow
Cash Flow
$3,042 income − $2,759 expenses = $283 cash flow
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,878
Downpayment
20%
$50,360
Closing costs
1%
$2,518
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,042
Total Expenses
$2,759
Mortgage P&I
46%
$1,389
Property Taxes
8%
$244
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$365
CapEx
4%
$122
Vacancy
3%
$91
Maintenance
4%
$122
Other
11%
$335