This property might be a fair Mid-Term investment with a projected 2.62% first-year return on $70,500 initial cash invested.
2.62%
Cash On Cash
8.09%
Cap Rate
1.18
DSCR
$2,686
Rent
$154
Cashflow
Cash Flow
$2,686 income − $2,532 expenses = $154 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,686
Total Expenses
$2,532
Mortgage P&I
53%
$1,424
Property Taxes
4%
$108
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295