This property might be a fair Mid-Term investment with a projected 4.92% first-year return on $68,106 initial cash invested.
4.92%
Cash On Cash
8.48%
Cap Rate
1.3
DSCR
$2,793
Rent
$279
Cashflow
Cash Flow
$2,793 income − $2,514 expenses = $279 cash flow
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,106
Downpayment
20%
$47,720
Closing costs
1%
$2,386
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,793
Total Expenses
$2,514
Mortgage P&I
46%
$1,296
Property Taxes
7%
$189
Home Insurance
3%
$79
HOA
0%
$0
Property Management
12%
$335
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$307