This property might be a fair Mid-Term investment with a projected 2.5% first-year return on $70,479 initial cash invested.
2.5%
Cash On Cash
7.85%
Cap Rate
1.18
DSCR
$2,469
Rent
$147
Cashflow
Cash Flow
$2,469 income − $2,322 expenses = $147 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,469
Total Expenses
$2,322
Mortgage P&I
56%
$1,388
Property Taxes
0%
$6
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$272