This property might be a fair Mid-Term investment with a projected 1.75% first-year return on $70,500 initial cash invested.
1.75%
Cash On Cash
7.68%
Cap Rate
1.16
DSCR
$2,924
Rent
$103
Cashflow
Cash Flow
$2,924 income − $2,821 expenses = $103 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,924
Total Expenses
$2,821
Mortgage P&I
47%
$1,381
Property Taxes
12%
$357
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322