This property might be a fair Mid-Term investment with a projected 3.94% first-year return on $71,865 initial cash invested.
3.94%
Cash On Cash
8.17%
Cap Rate
1.25
DSCR
$2,864
Rent
$236
Cashflow
Cash Flow
$2,864 income − $2,628 expenses = $236 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,865
Downpayment
20%
$51,300
Closing costs
1%
$2,565
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,864
Total Expenses
$2,628
Mortgage P&I
49%
$1,395
Property Taxes
6%
$170
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315