This property might be a fair Mid-Term investment with a projected 2.59% first-year return on $70,941 initial cash invested.
2.59%
Cash On Cash
7.36%
Cap Rate
1.21
DSCR
$2,834
Rent
$153
Cashflow
Cash Flow
$2,834 income − $2,681 expenses = $153 cash flow
Investment Breakdown
|
Purchase Price
$252k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,941
Downpayment
20%
$50,420
Closing costs
1%
$2,521
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,834
Total Expenses
$2,681
Mortgage P&I
45%
$1,280
Property Taxes
11%
$319
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$340
CapEx
4%
$113
Vacancy
3%
$85
Maintenance
4%
$113
Other
11%
$312