This property might be a fair Mid-Term investment with a projected 6.37% first-year return on $70,479 initial cash invested.
6.37%
Cash On Cash
9.01%
Cap Rate
1.37
DSCR
$3,434
Rent
$374
Cashflow
Cash Flow
$3,434 income − $3,060 expenses = $374 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,434
Total Expenses
$3,060
Mortgage P&I
40%
$1,366
Property Taxes
13%
$439
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$412
CapEx
4%
$137
Vacancy
3%
$103
Maintenance
4%
$137
Other
11%
$378