This property might be a fair Mid-Term investment with a projected 3.01% first-year return on $70,479 initial cash invested.
3.01%
Cash On Cash
7.82%
Cap Rate
1.21
DSCR
$2,734
Rent
$177
Cashflow
Cash Flow
$2,734 income − $2,557 expenses = $177 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
$2,734
Total Expenses
$2,557
Mortgage P&I
49%
$1,342
Property Taxes
7%
$198
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301