This property might be a fair Mid-Term investment with a projected 2.88% first-year return on $72,201 initial cash invested.
2.88%
Cash On Cash
7.48%
Cap Rate
1.22
DSCR
$2,949
Rent
$173
Cashflow
Cash Flow
$2,949 income − $2,776 expenses = $173 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,201
Downpayment
20%
$51,620
Closing costs
1%
$2,581
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,949
Total Expenses
$2,776
Mortgage P&I
45%
$1,317
Property Taxes
12%
$364
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324