This property might be a fair Mid-Term investment with a projected 4% first-year return on $70,500 initial cash invested.
4%
Cash On Cash
8.28%
Cap Rate
1.25
DSCR
$2,762
Rent
$235
Cashflow
Cash Flow
$2,762 income − $2,527 expenses = $235 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,762
Total Expenses
$2,527
Mortgage P&I
50%
$1,381
Property Taxes
4%
$120
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$304