This property might be a fair Mid-Term investment with a projected 7.91% first-year return on $70,500 initial cash invested.
7.91%
Cash On Cash
9.61%
Cap Rate
1.43
DSCR
$3,508
Rent
$465
Cashflow
Cash Flow
$3,508 income − $3,043 expenses = $465 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,508
Total Expenses
$3,043
Mortgage P&I
40%
$1,398
Property Taxes
10%
$365
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386