This property might be a fair Mid-Term investment with a projected 3.39% first-year return on $69,765 initial cash invested.
3.39%
Cash On Cash
8.01%
Cap Rate
1.22
DSCR
$2,574
Rent
$197
Cashflow
Cash Flow
$2,574 income − $2,377 expenses = $197 cash flow
Investment Breakdown
|
Purchase Price
$247k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,765
Downpayment
20%
$49,300
Closing costs
1%
$2,465
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,574
Total Expenses
$2,377
Mortgage P&I
52%
$1,345
Property Taxes
3%
$69
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$309
CapEx
4%
$103
Vacancy
3%
$77
Maintenance
4%
$103
Other
11%
$283