This property might be a fair Mid-Term investment with a projected 4.17% first-year return on $70,479 initial cash invested.
4.17%
Cash On Cash
8.52%
Cap Rate
1.26
DSCR
$2,922
Rent
$245
Cashflow
Cash Flow
$2,922 income − $2,677 expenses = $245 cash flow
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,479
Downpayment
20%
$49,980
Closing costs
1%
$2,499
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,922
Total Expenses
$2,677
Mortgage P&I
48%
$1,413
Property Taxes
6%
$182
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$351
CapEx
4%
$117
Vacancy
3%
$88
Maintenance
4%
$117
Other
11%
$321