This property might be a fair Mid-Term investment with a projected 4.32% first-year return on $70,500 initial cash invested.
4.32%
Cash On Cash
8.53%
Cap Rate
1.26
DSCR
$2,895
Rent
$254
Cashflow
Cash Flow
$2,895 income − $2,641 expenses = $254 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,895
Total Expenses
$2,641
Mortgage P&I
49%
$1,407
Property Taxes
6%
$162
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$347
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$318