This property might be a fair Mid-Term investment with a projected 2.71% first-year return on $70,500 initial cash invested.
2.71%
Cash On Cash
7.85%
Cap Rate
1.2
DSCR
$2,751
Rent
$159
Cashflow
Cash Flow
$2,751 income − $2,592 expenses = $159 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,751
Total Expenses
$2,592
Mortgage P&I
50%
$1,367
Property Taxes
7%
$201
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303