This property might be a fair Mid-Term investment with a projected 6.67% first-year return on $69,072 initial cash invested.
6.67%
Cash On Cash
8.75%
Cap Rate
1.41
DSCR
$3,206
Rent
$384
Cashflow
Cash Flow
$3,206 income − $2,822 expenses = $384 cash flow
Investment Breakdown
|
Purchase Price
$243k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,072
Downpayment
20%
$48,640
Closing costs
1%
$2,432
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,206
Total Expenses
$2,822
Mortgage P&I
39%
$1,262
Property Taxes
12%
$382
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$385
CapEx
4%
$128
Vacancy
3%
$96
Maintenance
4%
$128
Other
11%
$353