This property might be a fair Mid-Term investment with a projected 5.43% first-year return on $69,366 initial cash invested.
5.43%
Cash On Cash
8.8%
Cap Rate
1.31
DSCR
$2,784
Rent
$314
Cashflow
Cash Flow
$2,784 income − $2,470 expenses = $314 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,366
Downpayment
20%
$48,920
Closing costs
1%
$2,446
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,784
Total Expenses
$2,470
Mortgage P&I
49%
$1,368
Property Taxes
2%
$68
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$334
CapEx
4%
$111
Vacancy
3%
$84
Maintenance
4%
$111
Other
11%
$306