This property might be a fair Mid-Term investment with a projected 2.75% first-year return on $70,584 initial cash invested.
2.75%
Cash On Cash
7.9%
Cap Rate
1.21
DSCR
$3,148
Rent
$162
Cashflow
Cash Flow
$3,148 income − $2,986 expenses = $162 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,584
Downpayment
20%
$50,080
Closing costs
1%
$2,504
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,148
Total Expenses
$2,986
Mortgage P&I
43%
$1,361
Property Taxes
15%
$459
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$94
Maintenance
4%
$126
Other
11%
$346