This property might be a fair Mid-Term investment with a projected 2.53% first-year return on $71,277 initial cash invested.
2.53%
Cash On Cash
7.94%
Cap Rate
1.2
DSCR
$3,284
Rent
$150
Cashflow
Cash Flow
$3,284 income − $3,134 expenses = $150 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,277
Downpayment
20%
$50,740
Closing costs
1%
$2,537
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,284
Total Expenses
$3,134
Mortgage P&I
43%
$1,398
Property Taxes
16%
$529
Home Insurance
3%
$91
HOA
0%
$0
Property Management
12%
$394
CapEx
4%
$131
Vacancy
3%
$99
Maintenance
4%
$131
Other
11%
$361