This property might be a fair Mid-Term investment with a projected 7.13% first-year return on $72,033 initial cash invested.
7.13%
Cash On Cash
8.64%
Cap Rate
1.42
DSCR
$3,092
Rent
$428
Cashflow
Cash Flow
$3,092 income − $2,664 expenses = $428 cash flow
Investment Breakdown
|
Purchase Price
$257k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,033
Downpayment
20%
$51,460
Closing costs
1%
$2,573
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,092
Total Expenses
$2,664
Mortgage P&I
42%
$1,301
Property Taxes
7%
$217
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340