This property might be a fair Mid-Term investment with a projected 3.3% first-year return on $70,521 initial cash invested.
3.3%
Cash On Cash
8.03%
Cap Rate
1.22
DSCR
$2,631
Rent
$194
Cashflow
Cash Flow
$2,631 income − $2,437 expenses = $194 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,521
Downpayment
20%
$50,020
Closing costs
1%
$2,501
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,631
Total Expenses
$2,437
Mortgage P&I
52%
$1,374
Property Taxes
2%
$47
Home Insurance
5%
$122
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$289