This property might be a fair Mid-Term investment with a projected 2.98% first-year return on $71,382 initial cash invested.
2.98%
Cash On Cash
7.53%
Cap Rate
1.21
DSCR
$2,588
Rent
$177
Cashflow
Cash Flow
$2,588 income − $2,411 expenses = $177 cash flow
Investment Breakdown
|
Purchase Price
$254k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,382
Downpayment
20%
$50,840
Closing costs
1%
$2,542
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,588
Total Expenses
$2,411
Mortgage P&I
51%
$1,314
Property Taxes
5%
$124
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285