This property might be a fair Mid-Term investment with a projected 3.38% first-year return on $71,718 initial cash invested.
3.38%
Cash On Cash
7.87%
Cap Rate
1.24
DSCR
$3,154
Rent
$202
Cashflow
Cash Flow
$3,154 income − $2,952 expenses = $202 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,718
Downpayment
20%
$51,160
Closing costs
1%
$2,558
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,154
Total Expenses
$2,952
Mortgage P&I
43%
$1,350
Property Taxes
14%
$434
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347