This property might be a fair Mid-Term investment with a projected 4.31% first-year return on $71,886 initial cash invested.
4.31%
Cash On Cash
8.47%
Cap Rate
1.27
DSCR
$3,057
Rent
$258
Cashflow
Cash Flow
$3,057 income − $2,799 expenses = $258 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,886
Downpayment
20%
$51,320
Closing costs
1%
$2,566
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,057
Total Expenses
$2,799
Mortgage P&I
47%
$1,431
Property Taxes
8%
$238
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$367
CapEx
4%
$122
Vacancy
3%
$92
Maintenance
4%
$122
Other
11%
$336