This property might be a fair Mid-Term investment with a projected 5.85% first-year return on $72,390 initial cash invested.
5.85%
Cash On Cash
8.72%
Cap Rate
1.35
DSCR
$3,327
Rent
$353
Cashflow
Cash Flow
$3,327 income − $2,974 expenses = $353 cash flow
Investment Breakdown
|
Purchase Price
$259k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,390
Downpayment
20%
$51,800
Closing costs
1%
$2,590
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,327
Total Expenses
$2,974
Mortgage P&I
42%
$1,397
Property Taxes
11%
$369
Home Insurance
2%
$77
HOA
0%
$0
Property Management
12%
$399
CapEx
4%
$133
Vacancy
3%
$100
Maintenance
4%
$133
Other
11%
$366