This property might be a fair Mid-Term investment with a projected 8.39% first-year return on $70,500 initial cash invested.
8.39%
Cash On Cash
9.63%
Cap Rate
1.45
DSCR
$3,178
Rent
$493
Cashflow
Cash Flow
$3,178 income − $2,685 expenses = $493 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,178
Total Expenses
$2,685
Mortgage P&I
44%
$1,387
Property Taxes
4%
$130
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$381
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$350