This property might be a fair Mid-Term investment with a projected 4.27% first-year return on $69,429 initial cash invested.
4.27%
Cash On Cash
8.39%
Cap Rate
1.27
DSCR
$2,792
Rent
$247
Cashflow
Cash Flow
$2,792 income − $2,545 expenses = $247 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,429
Downpayment
20%
$48,980
Closing costs
1%
$2,449
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,792
Total Expenses
$2,545
Mortgage P&I
48%
$1,353
Property Taxes
6%
$154
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307