This property might be a fair Mid-Term investment with a projected 3.35% first-year return on $70,479 initial cash invested.
3.35%
Cash On Cash
8.11%
Cap Rate
1.22
DSCR
$2,632
Rent
$197
Cashflow
Cash Flow
$2,632 income − $2,435 expenses = $197 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,632
Total Expenses
$2,435
Mortgage P&I
53%
$1,387
Property Taxes
2%
$65
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290