This property might be a fair Mid-Term investment with a projected 4.3% first-year return on $70,563 initial cash invested.
4.3%
Cash On Cash
8.15%
Cap Rate
1.28
DSCR
$2,874
Rent
$253
Cashflow
Cash Flow
$2,874 income − $2,621 expenses = $253 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,563
Downpayment
20%
$50,060
Closing costs
1%
$2,503
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,874
Total Expenses
$2,621
Mortgage P&I
46%
$1,332
Property Taxes
8%
$218
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316