This property might be a fair Mid-Term investment with a projected 7.43% first-year return on $68,169 initial cash invested.
7.43%
Cash On Cash
9.07%
Cap Rate
1.45
DSCR
$3,471
Rent
$422
Cashflow
Cash Flow
$3,471 income − $3,049 expenses = $422 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,169
Downpayment
20%
$47,780
Closing costs
1%
$2,389
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,471
Total Expenses
$3,049
Mortgage P&I
36%
$1,244
Property Taxes
15%
$536
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$417
CapEx
4%
$139
Vacancy
3%
$104
Maintenance
4%
$139
Other
11%
$382