This property might be a fair Mid-Term investment with a projected 3.04% first-year return on $70,542 initial cash invested.
3.04%
Cash On Cash
7.76%
Cap Rate
1.21
DSCR
$2,600
Rent
$179
Cashflow
Cash Flow
$2,600 income − $2,421 expenses = $179 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,542
Downpayment
20%
$50,040
Closing costs
1%
$2,502
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,600
Total Expenses
$2,421
Mortgage P&I
51%
$1,336
Property Taxes
4%
$110
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$312
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$286