This property might be a fair Mid-Term investment with a projected 5.52% first-year return on $71,697 initial cash invested.
5.52%
Cash On Cash
8.25%
Cap Rate
1.35
DSCR
$3,178
Rent
$330
Cashflow
Cash Flow
$3,178 income − $2,848 expenses = $330 cash flow
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,697
Downpayment
20%
$51,140
Closing costs
1%
$2,557
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,178
Total Expenses
$2,848
Mortgage P&I
41%
$1,300
Property Taxes
12%
$376
Home Insurance
3%
$92
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350