This property might be a fair Mid-Term investment with a projected 4.68% first-year return on $70,479 initial cash invested.
4.68%
Cash On Cash
8.37%
Cap Rate
1.28
DSCR
$2,706
Rent
$275
Cashflow
Cash Flow
$2,706 income − $2,431 expenses = $275 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
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
$2,706
Total Expenses
$2,431
Mortgage P&I
50%
$1,360
Property Taxes
2%
$63
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$325
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$298