This property might be a fair Mid-Term investment with a projected 5.94% first-year return on $70,500 initial cash invested.
5.94%
Cash On Cash
9.03%
Cap Rate
1.33
DSCR
$3,076
Rent
$349
Cashflow
Cash Flow
$3,076 income − $2,727 expenses = $349 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,076
Total Expenses
$2,727
Mortgage P&I
46%
$1,409
Property Taxes
6%
$185
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$369
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$338