This property might be a fair Mid-Term investment with a projected 4.71% first-year return on $72,306 initial cash invested.
4.71%
Cash On Cash
8.5%
Cap Rate
1.28
DSCR
$2,956
Rent
$284
Cashflow
Cash Flow
$2,956 income − $2,672 expenses = $284 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,306
Downpayment
20%
$51,720
Closing costs
1%
$2,586
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,956
Total Expenses
$2,672
Mortgage P&I
48%
$1,429
Property Taxes
5%
$146
Home Insurance
3%
$92
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325