This property might be a fair Mid-Term investment with a projected 7.45% first-year return on $67,497 initial cash invested.
7.45%
Cash On Cash
9.25%
Cap Rate
1.42
DSCR
$2,974
Rent
$419
Cashflow
Cash Flow
$2,974 income − $2,555 expenses = $419 cash flow
Investment Breakdown
|
Purchase Price
$236k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,497
Downpayment
20%
$47,140
Closing costs
1%
$2,357
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,974
Total Expenses
$2,555
Mortgage P&I
43%
$1,279
Property Taxes
5%
$160
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$327