This property might be a fair Mid-Term investment with a projected 5.45% first-year return on $70,479 initial cash invested.
5.45%
Cash On Cash
8.77%
Cap Rate
1.32
DSCR
$3,162
Rent
$320
Cashflow
Cash Flow
$3,162 income − $2,842 expenses = $320 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$3,162
Total Expenses
$2,842
Mortgage P&I
44%
$1,381
Property Taxes
9%
$299
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$379
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$348