This property might be a fair Mid-Term investment with a projected 5.05% first-year return on $69,429 initial cash invested.
5.05%
Cash On Cash
8.52%
Cap Rate
1.3
DSCR
$2,718
Rent
$292
Cashflow
Cash Flow
$2,718 income − $2,426 expenses = $292 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.3%
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
$2,718
Total Expenses
$2,426
Mortgage P&I
49%
$1,337
Property Taxes
3%
$78
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$326
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$299