This property might be a fair Mid-Term investment with a projected 9.71% first-year return on $70,836 initial cash invested.
9.71%
Cash On Cash
9.55%
Cap Rate
1.55
DSCR
$3,512
Rent
$573
Cashflow
Cash Flow
$3,512 income − $2,939 expenses = $573 cash flow
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,836
Downpayment
20%
$50,320
Closing costs
1%
$2,516
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,512
Total Expenses
$2,939
Mortgage P&I
37%
$1,290
Property Taxes
10%
$366
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386