This property might be a fair Mid-Term investment with a projected 9.54% first-year return on $72,075 initial cash invested.
9.54%
Cash On Cash
9.76%
Cap Rate
1.51
DSCR
$3,321
Rent
$573
Cashflow
Cash Flow
$3,321 income − $2,748 expenses = $573 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,075
Downpayment
20%
$51,500
Closing costs
1%
$2,575
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,321
Total Expenses
$2,748
Mortgage P&I
42%
$1,388
Property Taxes
4%
$136
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$365