This property might be a fair Mid-Term investment with a projected 6.51% first-year return on $69,681 initial cash invested.
6.51%
Cash On Cash
8.8%
Cap Rate
1.37
DSCR
$2,726
Rent
$378
Cashflow
Cash Flow
$2,726 income − $2,348 expenses = $378 cash flow
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,681
Downpayment
20%
$49,220
Closing costs
1%
$2,461
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,726
Total Expenses
$2,348
Mortgage P&I
48%
$1,318
Property Taxes
1%
$16
Home Insurance
3%
$87
HOA
0%
$0
Property Management
12%
$327
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$300