This property might be a fair Mid-Term investment with a projected 6.29% first-year return on $72,138 initial cash invested.
6.29%
Cash On Cash
8.49%
Cap Rate
1.38
DSCR
$3,128
Rent
$378
Cashflow
Cash Flow
$3,128 income − $2,750 expenses = $378 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,138
Downpayment
20%
$51,560
Closing costs
1%
$2,578
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,128
Total Expenses
$2,750
Mortgage P&I
42%
$1,320
Property Taxes
9%
$274
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$375
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$344