This property might be a fair Mid-Term investment with a projected 5.79% first-year return on $69,618 initial cash invested.
5.79%
Cash On Cash
8.37%
Cap Rate
1.35
DSCR
$2,772
Rent
$336
Cashflow
Cash Flow
$2,772 income − $2,436 expenses = $336 cash flow
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,618
Downpayment
20%
$49,160
Closing costs
1%
$2,458
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,772
Total Expenses
$2,436
Mortgage P&I
46%
$1,267
Property Taxes
5%
$138
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305