This property might be a fair Mid-Term investment with a projected 4.73% first-year return on $71,025 initial cash invested.
4.73%
Cash On Cash
8.52%
Cap Rate
1.29
DSCR
$3,022
Rent
$280
Cashflow
Cash Flow
$3,022 income − $2,742 expenses = $280 cash flow
Investment Breakdown
|
Purchase Price
$253k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,025
Downpayment
20%
$50,500
Closing costs
1%
$2,525
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,022
Total Expenses
$2,742
Mortgage P&I
46%
$1,392
Property Taxes
8%
$234
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$363
CapEx
4%
$121
Vacancy
3%
$91
Maintenance
4%
$121
Other
11%
$332