This property might be a fair Mid-Term investment with a projected 3.66% first-year return on $72,222 initial cash invested.
3.66%
Cash On Cash
8.28%
Cap Rate
1.23
DSCR
$2,948
Rent
$220
Cashflow
Cash Flow
$2,948 income − $2,728 expenses = $220 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,222
Downpayment
20%
$51,640
Closing costs
1%
$2,582
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,948
Total Expenses
$2,728
Mortgage P&I
49%
$1,444
Property Taxes
5%
$154
Home Insurance
3%
$92
HOA
1%
$36
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324