This property might be a fair Mid-Term investment with a projected 7.66% first-year return on $70,490 initial cash invested.
7.66%
Cash On Cash
9.04%
Cap Rate
1.43
DSCR
$2,985
Rent
$450
Cashflow
Cash Flow
$2,985 income − $2,535 expenses = $450 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,490
Downpayment
20%
$49,990
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,985
Total Expenses
$2,535
Mortgage P&I
44%
$1,314
Property Taxes
4%
$119
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$358
CapEx
4%
$119
Vacancy
3%
$90
Maintenance
4%
$119
Other
11%
$328