This property might be a fair Mid-Term investment with a projected 5.93% first-year return on $70,479 initial cash invested.
5.93%
Cash On Cash
8.68%
Cap Rate
1.35
DSCR
$3,072
Rent
$348
Cashflow
Cash Flow
$3,072 income − $2,724 expenses = $348 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,072
Total Expenses
$2,724
Mortgage P&I
44%
$1,337
Property Taxes
8%
$254
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338