This property might be a fair Mid-Term investment with a projected 4.74% first-year return on $68,421 initial cash invested.
4.74%
Cash On Cash
8.51%
Cap Rate
1.29
DSCR
$2,746
Rent
$270
Cashflow
Cash Flow
$2,746 income − $2,476 expenses = $270 cash flow
Investment Breakdown
|
Purchase Price
$240k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,421
Downpayment
20%
$48,020
Closing costs
1%
$2,401
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,746
Total Expenses
$2,476
Mortgage P&I
48%
$1,323
Property Taxes
4%
$108
Home Insurance
3%
$86
HOA
1%
$25
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302