This property might be a fair Mid-Term investment with a projected 5.65% first-year return on $68,547 initial cash invested.
5.65%
Cash On Cash
8.92%
Cap Rate
1.33
DSCR
$2,918
Rent
$323
Cashflow
Cash Flow
$2,918 income − $2,595 expenses = $323 cash flow
Investment Breakdown
|
Purchase Price
$241k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,547
Downpayment
20%
$48,140
Closing costs
1%
$2,407
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,918
Total Expenses
$2,595
Mortgage P&I
46%
$1,350
Property Taxes
7%
$198
Home Insurance
2%
$54
HOA
0%
$0
Property Management
12%
$350
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321