This property might be a fair Mid-Term investment with a projected 8.69% first-year return on $67,350 initial cash invested.
8.69%
Cash On Cash
9.69%
Cap Rate
1.48
DSCR
$3,170
Rent
$488
Cashflow
Cash Flow
$3,170 income − $2,682 expenses = $488 cash flow
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,350
Downpayment
20%
$47,000
Closing costs
1%
$2,350
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$3,170
Total Expenses
$2,682
Mortgage P&I
40%
$1,282
Property Taxes
8%
$240
Home Insurance
3%
$82
HOA
0%
$0
Property Management
12%
$380
CapEx
4%
$127
Vacancy
3%
$95
Maintenance
4%
$127
Other
11%
$349