This property might be a fair Mid-Term investment with a projected 4.97% first-year return on $69,576 initial cash invested.
4.97%
Cash On Cash
8.54%
Cap Rate
1.33
DSCR
$3,602
Rent
$288
Cashflow
Cash Flow
$3,602 income − $3,314 expenses = $288 cash flow
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,576
Downpayment
20%
$49,120
Closing costs
1%
$2,456
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,602
Total Expenses
$3,314
Mortgage P&I
37%
$1,315
Property Taxes
20%
$712
Home Insurance
2%
$63
HOA
0%
$0
Property Management
12%
$432
CapEx
4%
$144
Vacancy
3%
$108
Maintenance
4%
$144
Other
11%
$396