This property might be a fair Mid-Term investment with a projected 3.53% first-year return on $71,403 initial cash invested.
3.53%
Cash On Cash
8.17%
Cap Rate
1.23
DSCR
$2,805
Rent
$210
Cashflow
Cash Flow
$2,805 income − $2,595 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,403
Downpayment
20%
$50,860
Closing costs
1%
$2,543
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,805
Total Expenses
$2,595
Mortgage P&I
50%
$1,410
Property Taxes
5%
$144
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$337
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$309