This property might be a fair Mid-Term investment with a projected 6.69% first-year return on $69,450 initial cash invested.
6.69%
Cash On Cash
9%
Cap Rate
1.4
DSCR
$3,357
Rent
$387
Cashflow
Cash Flow
$3,357 income − $2,970 expenses = $387 cash flow
Investment Breakdown
|
Purchase Price
$245k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,450
Downpayment
20%
$49,000
Closing costs
1%
$2,450
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,357
Total Expenses
$2,970
Mortgage P&I
39%
$1,316
Property Taxes
13%
$427
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$403
CapEx
4%
$134
Vacancy
3%
$101
Maintenance
4%
$134
Other
11%
$369