This property might be a fair Mid-Term investment with a projected 1.52% first-year return on $69,261 initial cash invested.
1.52%
Cash On Cash
7.91%
Cap Rate
1.16
DSCR
$3,500
Rent
$88
Cashflow
Cash Flow
$3,500 income − $3,412 expenses = $88 cash flow
Investment Breakdown
|
Purchase Price
$244k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,261
Downpayment
20%
$48,820
Closing costs
1%
$2,441
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,500
Total Expenses
$3,412
Mortgage P&I
39%
$1,382
Property Taxes
22%
$753
Home Insurance
2%
$87
HOA
0%
$0
Property Management
12%
$420
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$385