This property might be a fair Mid-Term investment with a projected 7.32% first-year return on $71,487 initial cash invested.
7.32%
Cash On Cash
9.14%
Cap Rate
1.4
DSCR
$2,934
Rent
$436
Cashflow
Cash Flow
$2,934 income − $2,498 expenses = $436 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,934
Total Expenses
$2,498
Mortgage P&I
47%
$1,386
Property Taxes
1%
$24
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$352
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$323