This property might be a fair Mid-Term investment with a projected 4.75% first-year return on $72,285 initial cash invested.
4.75%
Cash On Cash
8.12%
Cap Rate
1.3
DSCR
$3,087
Rent
$286
Cashflow
Cash Flow
$3,087 income − $2,801 expenses = $286 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,285
Downpayment
20%
$51,700
Closing costs
1%
$2,585
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,087
Total Expenses
$2,801
Mortgage P&I
43%
$1,341
Property Taxes
10%
$321
Home Insurance
3%
$90
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$93
Maintenance
4%
$123
Other
11%
$340