This property might be a fair Mid-Term investment with a projected 3.27% first-year return on $69,282 initial cash invested.
3.27%
Cash On Cash
7.97%
Cap Rate
1.23
DSCR
$2,726
Rent
$189
Cashflow
Cash Flow
$2,726 income − $2,537 expenses = $189 cash flow
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,282
Downpayment
20%
$48,840
Closing costs
1%
$2,442
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,726
Total Expenses
$2,537
Mortgage P&I
49%
$1,323
Property Taxes
7%
$199
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300