This property might be a fair Mid-Term investment with a projected 3.49% first-year return on $72,285 initial cash invested.
3.49%
Cash On Cash
7.61%
Cap Rate
1.23
DSCR
$2,530
Rent
$210
Cashflow
Cash Flow
$2,530 income − $2,320 expenses = $210 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,285
Downpayment
20%
$51,700
Closing costs
1%
$2,585
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,530
Total Expenses
$2,320
Mortgage P&I
52%
$1,328
Property Taxes
2%
$39
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278