This property might be a fair Mid-Term investment with a projected 4.48% first-year return on $70,479 initial cash invested.
4.48%
Cash On Cash
8.15%
Cap Rate
1.29
DSCR
$3,069
Rent
$263
Cashflow
Cash Flow
$3,069 income − $2,806 expenses = $263 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.9%
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
$3,069
Total Expenses
$2,806
Mortgage P&I
43%
$1,312
Property Taxes
12%
$362
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338