This property might be a fair Mid-Term investment with a projected 4.56% first-year return on $67,560 initial cash invested.
4.56%
Cash On Cash
8.34%
Cap Rate
1.29
DSCR
$2,804
Rent
$257
Cashflow
Cash Flow
$2,804 income − $2,547 expenses = $257 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,560
Downpayment
20%
$47,200
Closing costs
1%
$2,360
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,804
Total Expenses
$2,547
Mortgage P&I
45%
$1,272
Property Taxes
9%
$263
Home Insurance
2%
$60
HOA
0%
$0
Property Management
12%
$336
CapEx
4%
$112
Vacancy
3%
$84
Maintenance
4%
$112
Other
11%
$308