This property might be a fair Mid-Term investment with a projected 1.3% first-year return on $70,122 initial cash invested.
1.3%
Cash On Cash
7.63%
Cap Rate
1.15
DSCR
$3,183
Rent
$76
Cashflow
Cash Flow
$3,183 income − $3,107 expenses = $76 cash flow
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,122
Downpayment
20%
$49,640
Closing costs
1%
$2,482
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,183
Total Expenses
$3,107
Mortgage P&I
43%
$1,375
Property Taxes
18%
$564
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$382
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350