This property might be a fair Mid-Term investment with a projected 5.14% first-year return on $67,770 initial cash invested.
5.14%
Cash On Cash
8.87%
Cap Rate
1.32
DSCR
$3,261
Rent
$290
Cashflow
Cash Flow
$3,261 income − $2,971 expenses = $290 cash flow
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,770
Downpayment
20%
$47,400
Closing costs
1%
$2,370
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,261
Total Expenses
$2,971
Mortgage P&I
41%
$1,331
Property Taxes
13%
$431
Home Insurance
3%
$83
HOA
1%
$18
Property Management
12%
$391
CapEx
4%
$130
Vacancy
3%
$98
Maintenance
4%
$130
Other
11%
$359