This property might be a fair Mid-Term investment with a projected 2.19% first-year return on $72,222 initial cash invested.
2.19%
Cash On Cash
7.83%
Cap Rate
1.19
DSCR
$3,507
Rent
$132
Cashflow
Cash Flow
$3,507 income − $3,375 expenses = $132 cash flow
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,222
Downpayment
20%
$51,640
Closing costs
1%
$2,582
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,507
Total Expenses
$3,375
Mortgage P&I
40%
$1,412
Property Taxes
14%
$497
Home Insurance
3%
$91
HOA
5%
$183
Property Management
12%
$421
CapEx
4%
$140
Vacancy
3%
$105
Maintenance
4%
$140
Other
11%
$386