This property might be a fair Mid-Term investment with a projected 6.86% first-year return on $71,361 initial cash invested.
6.86%
Cash On Cash
9.14%
Cap Rate
1.38
DSCR
$3,066
Rent
$408
Cashflow
Cash Flow
$3,066 income − $2,658 expenses = $408 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,361
Downpayment
20%
$50,820
Closing costs
1%
$2,541
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,066
Total Expenses
$2,658
Mortgage P&I
46%
$1,405
Property Taxes
4%
$119
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$368
CapEx
4%
$123
Vacancy
3%
$92
Maintenance
4%
$123
Other
11%
$337