This property might be a fair Mid-Term investment with a projected 5.93% first-year return on $71,424 initial cash invested.
5.93%
Cash On Cash
8.85%
Cap Rate
1.34
DSCR
$3,082
Rent
$353
Cashflow
Cash Flow
$3,082 income − $2,729 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,424
Downpayment
20%
$50,880
Closing costs
1%
$2,544
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,082
Total Expenses
$2,729
Mortgage P&I
45%
$1,401
Property Taxes
6%
$193
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$370
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$339