This property might be a fair Mid-Term investment with a projected 7.86% first-year return on $69,450 initial cash invested.
7.86%
Cash On Cash
9.58%
Cap Rate
1.42
DSCR
$3,135
Rent
$455
Cashflow
Cash Flow
$3,135 income − $2,680 expenses = $455 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,135
Total Expenses
$2,680
Mortgage P&I
44%
$1,375
Property Taxes
5%
$154
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$376
CapEx
4%
$125
Vacancy
3%
$94
Maintenance
4%
$125
Other
11%
$345