This property might be a fair Mid-Term investment with a projected 3.87% first-year return on $71,970 initial cash invested.
3.87%
Cash On Cash
7.83%
Cap Rate
1.25
DSCR
$2,691
Rent
$232
Cashflow
Cash Flow
$2,691 income − $2,459 expenses = $232 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,970
Downpayment
20%
$51,400
Closing costs
1%
$2,570
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,691
Total Expenses
$2,459
Mortgage P&I
50%
$1,336
Property Taxes
4%
$114
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$323
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$296