This property might be a fair Mid-Term investment with a projected 4.87% first-year return on $71,760 initial cash invested.
4.87%
Cash On Cash
8.04%
Cap Rate
1.31
DSCR
$2,960
Rent
$291
Cashflow
Cash Flow
$2,960 income − $2,669 expenses = $291 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,760
Downpayment
20%
$51,200
Closing costs
1%
$2,560
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,960
Total Expenses
$2,669
Mortgage P&I
44%
$1,306
Property Taxes
9%
$267
Home Insurance
3%
$90
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$326