This property might be a fair Mid-Term investment with a projected 2.51% first-year return on $71,615 initial cash invested.
2.51%
Cash On Cash
7.71%
Cap Rate
1.2
DSCR
$2,949
Rent
$150
Cashflow
Cash Flow
$2,949 income − $2,799 expenses = $150 cash flow
Investment Breakdown
|
Purchase Price
$255k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,615
Downpayment
20%
$51,062
Closing costs
1%
$2,553
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,949
Total Expenses
$2,799
Mortgage P&I
47%
$1,372
Property Taxes
11%
$336
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$354
CapEx
4%
$118
Vacancy
3%
$88
Maintenance
4%
$118
Other
11%
$324