This property might be a fair Mid-Term investment with a projected 4.37% first-year return on $71,193 initial cash invested.
4.37%
Cash On Cash
8.42%
Cap Rate
1.28
DSCR
$3,174
Rent
$259
Cashflow
Cash Flow
$3,174 income − $2,915 expenses = $259 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,193
Downpayment
20%
$50,660
Closing costs
1%
$2,533
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,174
Total Expenses
$2,915
Mortgage P&I
44%
$1,391
Property Taxes
11%
$356
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349