This property might be a fair Mid-Term investment with a projected 4.32% first-year return on $70,479 initial cash invested.
4.32%
Cash On Cash
8.51%
Cap Rate
1.26
DSCR
$2,877
Rent
$254
Cashflow
Cash Flow
$2,877 income − $2,623 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,877
Total Expenses
$2,623
Mortgage P&I
49%
$1,404
Property Taxes
5%
$154
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$345
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$316