This property might be a fair Mid-Term investment with a projected 7.9% first-year return on $70,479 initial cash invested.
7.9%
Cash On Cash
9.59%
Cap Rate
1.43
DSCR
$3,501
Rent
$464
Cashflow
Cash Flow
$3,501 income − $3,037 expenses = $464 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,501
Total Expenses
$3,037
Mortgage P&I
40%
$1,394
Property Taxes
10%
$365
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385