This property might be a fair Mid-Term investment with a projected 4.77% first-year return on $70,164 initial cash invested.
4.77%
Cash On Cash
8.58%
Cap Rate
1.29
DSCR
$2,926
Rent
$279
Cashflow
Cash Flow
$2,926 income − $2,647 expenses = $279 cash flow
Investment Breakdown
|
Purchase Price
$248k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,164
Downpayment
20%
$49,680
Closing costs
1%
$2,484
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,926
Total Expenses
$2,647
Mortgage P&I
47%
$1,381
Property Taxes
6%
$182
Home Insurance
3%
$89
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$322