This property might be a fair Mid-Term investment with a projected 3.99% first-year return on $72,243 initial cash invested.
3.99%
Cash On Cash
8.23%
Cap Rate
1.26
DSCR
$3,009
Rent
$240
Cashflow
Cash Flow
$3,009 income − $2,769 expenses = $240 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,243
Downpayment
20%
$51,660
Closing costs
1%
$2,583
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,009
Total Expenses
$2,769
Mortgage P&I
47%
$1,411
Property Taxes
8%
$245
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$361
CapEx
4%
$120
Vacancy
3%
$90
Maintenance
4%
$120
Other
11%
$331