This property might be a fair Mid-Term investment with a projected 4.52% first-year return on $71,130 initial cash invested.
4.52%
Cash On Cash
8.19%
Cap Rate
1.28
DSCR
$2,862
Rent
$268
Cashflow
Cash Flow
$2,862 income − $2,594 expenses = $268 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,130
Downpayment
20%
$50,600
Closing costs
1%
$2,530
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,862
Total Expenses
$2,594
Mortgage P&I
47%
$1,345
Property Taxes
7%
$188
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$343
CapEx
4%
$114
Vacancy
3%
$86
Maintenance
4%
$114
Other
11%
$315