This property might be a fair Mid-Term investment with a projected 5.07% first-year return on $70,479 initial cash invested.
5.07%
Cash On Cash
8.58%
Cap Rate
1.33
DSCR
$3,528
Rent
$298
Cashflow
Cash Flow
$3,528 income − $3,230 expenses = $298 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,528
Total Expenses
$3,230
Mortgage P&I
38%
$1,347
Property Taxes
17%
$596
Home Insurance
2%
$88
HOA
0%
$0
Property Management
12%
$423
CapEx
4%
$141
Vacancy
3%
$106
Maintenance
4%
$141
Other
11%
$388