This property might be a fair Mid-Term investment with a projected 3.48% first-year return on $72,075 initial cash invested.
3.48%
Cash On Cash
8.09%
Cap Rate
1.22
DSCR
$2,637
Rent
$209
Cashflow
Cash Flow
$2,637 income − $2,428 expenses = $209 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,075
Downpayment
20%
$51,500
Closing costs
1%
$2,575
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,637
Total Expenses
$2,428
Mortgage P&I
54%
$1,423
Property Taxes
1%
$23
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290